全球智库信息集成服务系统(G2TT): Options on low-cost abatement and investment in the energy sector: New perspectives on REDD.

G2TT

来源类型	Article
规范类型	其他
DOI	10.1017/S1355770X10000410
	Options on low-cost abatement and investment in the energy sector: New perspectives on REDD.
	Fuss S; Szolgayova J; Golub A; Obersteiner M
发表日期	2011
出处	Environment and Development Economics 16 (4): 507-525
出版年	2011
语种	英语
摘要	Deforestation is one of the major sources of carbon emissions, but the Kyoto Protocol presently excludes avoiding these emissions to fulfill stabilization targets. Since the need for policy incentives for the reduction of emissions from deforestation and degradation (REDD) was officially recognized in 2007, the focus of this debate has shifted to issues of implementation. Concerns about the effects that the availability of low-cost REDD credit might have on energy investments, and the development of clean technology constitute the main motivation of this paper. We analyze the production side of the problem with the help of a real options model with an option to invest in less carbon-intensive energy technology and an option to purchase credits on REDD, which will (or will not) be exercised in the future. Unresolved questions can thus still be addressed later, while producers and investors hold REDD options to maintain flexibility for later decisions.
主题	Ecosystems Services and Management (ESM) ; Forestry (FOR)
URL	http://pure.iiasa.ac.at/id/eprint/9591/
来源智库	International Institute for Applied Systems Analysis (Austria)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/129303
推荐引用方式 GB/T 7714	Fuss S,Szolgayova J,Golub A,et al. Options on low-cost abatement and investment in the energy sector: New perspectives on REDD.. 2011.