HOME HELP FEEDBACK SUBSCRIPTIONS ARCHIVE SEARCH TABLE OF CONTENTS		QUICK SEARCH:   [advanced] Author: Keyword(s): Year:  Vol:  Page:

This Article Full Text (PDF) Alert me when this article is cited Alert me if a correction is posted Services Email this article to a friend Similar articles in this journal Alert me to new issues of the journal Download to citation manager Citing Articles Citing Articles via Google Scholar Google Scholar Articles by Murray, B. C. Articles by Lee, H.-C. Search for Related Content

Estimating Leakage from Forest Carbon Sequestration Programs

Leakage from forest carbon sequestration—the amount of a program’s direct carbon benefits undermined by carbon releases else-where—depends critically on demanders’ ability to substitute non-reserved timber for timber targeted by the program. A nalytic, econometric, and sector-level optimization models are combined to estimate leakage from different forest carbon sequestration activities. Empirical estimates for the United States show leakage ranges from minimal (< 10%) to enormous (> 90%), depending on the activity and region. These results suggest that leakage effects should not be ignored in accounting for the net level of greenhouse gas offsets from land use and forestry mitigation activities. (JEL Q25, Q32)