Land has long been overlooked in economics. That is now
changing. A substantial part of the solution to the climate crisis
may lie in growing crops for fuel and using trees for storing
carbon. This book investigates the potential of these options to
reduce greenhouse gas emissions, estimates the costs to the
economy, and analyses the trade-offs with growing food. The first
part presents new databases that are necessary to underpin
policy-relevant research in the field of climate change while
describing and critically assessing the underlying data, the
methodologies used, and the first applications.
Together, the new data and the extended models allow for a
thorough and comprehensive analysis of a land use and climate
policy. This book outlines key empirical and analytical issues
associated with modelling land use and land use change in the
context of global climate change policy. It places special emphasis
on the economy-wide competition for land and other resources,
especially;
- The implications of changes in land use for the cost of climate
change mitigation,
- Land use change as a result of mitigation, and
- Feedback from changes in the global climate to land use.
By offering synthesis and evaluation of a variety of different
approaches to this challenging field of research, this book will
serve as a key reference for future work in the economic analysis
of land use and climate change policy.
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