This study presents an internal modification of a dynamic computable general equilibrium model, ICES, employing inputs from a partial equilibrium model for the agricultural sector, VALUE. The aim is to quantify and analyze the medium-term socio-economic consequences of projected climate change....

Many environmentalists are concerned that renewable bioenergy, such as corn or wood ethanol will not reduce carbon emissions but will deplete forests. Using a general stylized forest sector management model, our study examines the economic potential of traditional industrial forests and...

Many countries have pledged targets or actions to reduce greenhouse gas emissions; these have been listed in the Appendices to the Copenhagen Accord and, at the time of writing, are being transferred to the UNFCCC Cancún Agreements. This analysis examines the costs and effectiveness of these...