Optimal Use of Carbon Sequestration in a Global Climate Change Strategy : Is there a Wooden Bridge to a Clean Energy Future?

s. Whether it should be part of a global climate mitigation strategy, however, remains controversial. One of the key issues is that, contrary to emission abatement, carbon sequestration might not be permanent. But some argue that even temporary seq...

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Main Authors:	Lecocq, Franck, Chomitz, Kenneth
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ABATEMENT ABATEMENT COST ABATEMENT COSTS ABATEMENT POTENTIAL AGRICULTURAL INTENSIFICATION AGRICULTURAL LAND ALTERNATIVE ENERGY ANTHROPOGENIC EMISSIONS ATMOSPHERE ATMOSPHERIC CARBON ATMOSPHERIC CARBON DIOXIDE BASELINE EMISSIONS BIODIVERSITY CONSERVATION BIOMASS BUSINESS AS USUAL SCENARIO CARBON CARBON CYCLE CARBON CYCLE MODEL CARBON DIOXIDE CARBON DIOXIDE CONCENTRATION CARBON DIOXIDE EMISSIONS CARBON PRICE CARBON RELEASE CARBON RISES CARBON SEQUESTRATION CHEMISTRY CLEAN ENERGY CLIMATE POLICY CO CO2 CO2 EMISSIONS COSTS OF CLIMATE CHANGE DAMAGE FUNCTION DEEP LAYERS DEFORESTATION DIFFUSION ECONOMIC GROWTH EMISSION EMISSION ABATEMENT EMISSION REDUCTION EMISSION REDUCTION PROJECT EMISSIONS EMISSIONS ABATEMENT EMISSIONS REDUCTION EMISSIONS REDUCTIONS ENERGY SOURCES EQUILIBRIUM EXTERNALITIES FOSSIL FUEL FOSSIL FUEL COMBUSTION FUEL FUEL EMISSION FUELS GLOBAL CLIMATE CHANGE IPCC LAND USE MARGINAL ABATEMENT MARGINAL ABATEMENT COST MARGINAL ABATEMENT COSTS MARGINAL COST MARGINAL COSTS MITIGATING CLIMATE CHANGE OCEANS OPPORTUNITY COSTS OPTIMIZATION MODEL OSCILLATIONS PRODUCTIVITY PROGRAMS REDUCTION IN EMISSIONS RESERVOIRS SHADOW PRICE SHADOW PRICES SOIL SOILS STABILIZATION SURFACE TEMPERATURE TIMBER TRANSPORTATION SYSTEM TROPICAL DEFORESTATION TROPICAL FOREST WATERSHED
Online Access:	http://documents.worldbank.org/curated/en/2001/07/1551997/optimal-use-carbon-sequestration-global-climate-change-strategy-wooden-bridge-clean-energy-future http://hdl.handle.net/10986/19580

id	okr-10986-19580
recordtype	oai_dc
spelling	okr-10986-195802021-04-23T14:03:43Z Optimal Use of Carbon Sequestration in a Global Climate Change Strategy : Is there a Wooden Bridge to a Clean Energy Future? Lecocq, Franck Chomitz, Kenneth ABATEMENT ABATEMENT COST ABATEMENT COSTS ABATEMENT POTENTIAL AGRICULTURAL INTENSIFICATION AGRICULTURAL LAND ALTERNATIVE ENERGY ANTHROPOGENIC EMISSIONS ATMOSPHERE ATMOSPHERIC CARBON ATMOSPHERIC CARBON DIOXIDE BASELINE EMISSIONS BIODIVERSITY CONSERVATION BIOMASS BUSINESS AS USUAL SCENARIO CARBON CARBON CYCLE CARBON CYCLE MODEL CARBON DIOXIDE CARBON DIOXIDE CONCENTRATION CARBON DIOXIDE EMISSIONS CARBON PRICE CARBON RELEASE CARBON RISES CARBON SEQUESTRATION CHEMISTRY CLEAN ENERGY CLIMATE POLICY CO CO2 CO2 EMISSIONS COSTS OF CLIMATE CHANGE DAMAGE FUNCTION DEEP LAYERS DEFORESTATION DIFFUSION ECONOMIC GROWTH EMISSION EMISSION ABATEMENT EMISSION REDUCTION EMISSION REDUCTION PROJECT EMISSIONS EMISSIONS ABATEMENT EMISSIONS REDUCTION EMISSIONS REDUCTIONS ENERGY SOURCES EQUILIBRIUM EXTERNALITIES FOSSIL FUEL FOSSIL FUEL COMBUSTION FUEL FUEL EMISSION FUELS GLOBAL CLIMATE CHANGE IPCC LAND USE MARGINAL ABATEMENT MARGINAL ABATEMENT COST MARGINAL ABATEMENT COSTS MARGINAL COST MARGINAL COSTS MITIGATING CLIMATE CHANGE OCEANS OPPORTUNITY COSTS OPTIMIZATION MODEL OSCILLATIONS PRODUCTIVITY PROGRAMS REDUCTION IN EMISSIONS RESERVOIRS SHADOW PRICE SHADOW PRICES SOIL SOILS STABILIZATION SURFACE TEMPERATURE TIMBER TRANSPORTATION SYSTEM TROPICAL DEFORESTATION TROPICAL FOREST WATERSHED s. Whether it should be part of a global climate mitigation strategy, however, remains controversial. One of the key issues is that, contrary to emission abatement, carbon sequestration might not be permanent. But some argue that even temporary sequestration is beneficial as it delays climate change impacts and "buys" time for technical change in the energy sector. To rigorously assess these arguments, the authors build an international optimization model in which both sequestration and abatement can be used to mitigate climate change. They confirm that permanent sequestration, if feasible, can be overall part of a climate mitigation strategy. When permanence can be guaranteed, sequestration is equivalent to fossil-fuel emissions abatement. The optimal use of temporary sequestration, on the other hand, depends mostly on marginal damages of climate change. Temporary sequestration projects starting now, in particular, are not attractive if marginal damages of climate change at current concentration levels are assumed to be low. 2014-08-21T18:55:16Z 2014-08-21T18:55:16Z 2001-07 http://documents.worldbank.org/curated/en/2001/07/1551997/optimal-use-carbon-sequestration-global-climate-change-strategy-wooden-bridge-clean-energy-future http://hdl.handle.net/10986/19580 English en_US Policy Research Working Paper;No. 2635 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ABATEMENT ABATEMENT COST ABATEMENT COSTS ABATEMENT POTENTIAL AGRICULTURAL INTENSIFICATION AGRICULTURAL LAND ALTERNATIVE ENERGY ANTHROPOGENIC EMISSIONS ATMOSPHERE ATMOSPHERIC CARBON ATMOSPHERIC CARBON DIOXIDE BASELINE EMISSIONS BIODIVERSITY CONSERVATION BIOMASS BUSINESS AS USUAL SCENARIO CARBON CARBON CYCLE CARBON CYCLE MODEL CARBON DIOXIDE CARBON DIOXIDE CONCENTRATION CARBON DIOXIDE EMISSIONS CARBON PRICE CARBON RELEASE CARBON RISES CARBON SEQUESTRATION CHEMISTRY CLEAN ENERGY CLIMATE POLICY CO CO2 CO2 EMISSIONS COSTS OF CLIMATE CHANGE DAMAGE FUNCTION DEEP LAYERS DEFORESTATION DIFFUSION ECONOMIC GROWTH EMISSION EMISSION ABATEMENT EMISSION REDUCTION EMISSION REDUCTION PROJECT EMISSIONS EMISSIONS ABATEMENT EMISSIONS REDUCTION EMISSIONS REDUCTIONS ENERGY SOURCES EQUILIBRIUM EXTERNALITIES FOSSIL FUEL FOSSIL FUEL COMBUSTION FUEL FUEL EMISSION FUELS GLOBAL CLIMATE CHANGE IPCC LAND USE MARGINAL ABATEMENT MARGINAL ABATEMENT COST MARGINAL ABATEMENT COSTS MARGINAL COST MARGINAL COSTS MITIGATING CLIMATE CHANGE OCEANS OPPORTUNITY COSTS OPTIMIZATION MODEL OSCILLATIONS PRODUCTIVITY PROGRAMS REDUCTION IN EMISSIONS RESERVOIRS SHADOW PRICE SHADOW PRICES SOIL SOILS STABILIZATION SURFACE TEMPERATURE TIMBER TRANSPORTATION SYSTEM TROPICAL DEFORESTATION TROPICAL FOREST WATERSHED
spellingShingle	ABATEMENT ABATEMENT COST ABATEMENT COSTS ABATEMENT POTENTIAL AGRICULTURAL INTENSIFICATION AGRICULTURAL LAND ALTERNATIVE ENERGY ANTHROPOGENIC EMISSIONS ATMOSPHERE ATMOSPHERIC CARBON ATMOSPHERIC CARBON DIOXIDE BASELINE EMISSIONS BIODIVERSITY CONSERVATION BIOMASS BUSINESS AS USUAL SCENARIO CARBON CARBON CYCLE CARBON CYCLE MODEL CARBON DIOXIDE CARBON DIOXIDE CONCENTRATION CARBON DIOXIDE EMISSIONS CARBON PRICE CARBON RELEASE CARBON RISES CARBON SEQUESTRATION CHEMISTRY CLEAN ENERGY CLIMATE POLICY CO CO2 CO2 EMISSIONS COSTS OF CLIMATE CHANGE DAMAGE FUNCTION DEEP LAYERS DEFORESTATION DIFFUSION ECONOMIC GROWTH EMISSION EMISSION ABATEMENT EMISSION REDUCTION EMISSION REDUCTION PROJECT EMISSIONS EMISSIONS ABATEMENT EMISSIONS REDUCTION EMISSIONS REDUCTIONS ENERGY SOURCES EQUILIBRIUM EXTERNALITIES FOSSIL FUEL FOSSIL FUEL COMBUSTION FUEL FUEL EMISSION FUELS GLOBAL CLIMATE CHANGE IPCC LAND USE MARGINAL ABATEMENT MARGINAL ABATEMENT COST MARGINAL ABATEMENT COSTS MARGINAL COST MARGINAL COSTS MITIGATING CLIMATE CHANGE OCEANS OPPORTUNITY COSTS OPTIMIZATION MODEL OSCILLATIONS PRODUCTIVITY PROGRAMS REDUCTION IN EMISSIONS RESERVOIRS SHADOW PRICE SHADOW PRICES SOIL SOILS STABILIZATION SURFACE TEMPERATURE TIMBER TRANSPORTATION SYSTEM TROPICAL DEFORESTATION TROPICAL FOREST WATERSHED Lecocq, Franck Chomitz, Kenneth Optimal Use of Carbon Sequestration in a Global Climate Change Strategy : Is there a Wooden Bridge to a Clean Energy Future?
relation	Policy Research Working Paper;No. 2635
description	s. Whether it should be part of a global climate mitigation strategy, however, remains controversial. One of the key issues is that, contrary to emission abatement, carbon sequestration might not be permanent. But some argue that even temporary sequestration is beneficial as it delays climate change impacts and "buys" time for technical change in the energy sector. To rigorously assess these arguments, the authors build an international optimization model in which both sequestration and abatement can be used to mitigate climate change. They confirm that permanent sequestration, if feasible, can be overall part of a climate mitigation strategy. When permanence can be guaranteed, sequestration is equivalent to fossil-fuel emissions abatement. The optimal use of temporary sequestration, on the other hand, depends mostly on marginal damages of climate change. Temporary sequestration projects starting now, in particular, are not attractive if marginal damages of climate change at current concentration levels are assumed to be low.
format	Publications & Research :: Policy Research Working Paper
author	Lecocq, Franck Chomitz, Kenneth
author_facet	Lecocq, Franck Chomitz, Kenneth
author_sort	Lecocq, Franck
title	Optimal Use of Carbon Sequestration in a Global Climate Change Strategy : Is there a Wooden Bridge to a Clean Energy Future?
title_short	Optimal Use of Carbon Sequestration in a Global Climate Change Strategy : Is there a Wooden Bridge to a Clean Energy Future?
title_full	Optimal Use of Carbon Sequestration in a Global Climate Change Strategy : Is there a Wooden Bridge to a Clean Energy Future?
title_fullStr	Optimal Use of Carbon Sequestration in a Global Climate Change Strategy : Is there a Wooden Bridge to a Clean Energy Future?
title_full_unstemmed	Optimal Use of Carbon Sequestration in a Global Climate Change Strategy : Is there a Wooden Bridge to a Clean Energy Future?
title_sort	optimal use of carbon sequestration in a global climate change strategy : is there a wooden bridge to a clean energy future?
publisher	World Bank, Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2001/07/1551997/optimal-use-carbon-sequestration-global-climate-change-strategy-wooden-bridge-clean-energy-future http://hdl.handle.net/10986/19580
_version_	1764440069386534912

Optimal Use of Carbon Sequestration in a Global Climate Change Strategy : Is there a Wooden Bridge to a Clean Energy Future?

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