In a recently published article, ‘Mitigation Deterrence and Unrealistic Expectations: The Future Costs of Forest Carbon Offsets’, researchers have examined the economic and societal effects of utilizing Forest Carbon Offsets FCO as a CDR technology as part of climate mitigation efforts. In doing so, they have utilized the WITCH integrated assessment model and drawn conclusions regarding the impact of FCO on carbon prices, mitigation costs and moral hazard.
The authors of the article:
Camilla Moioli - PhD, The University of British Columbia
RFF-CMCC European Institute on Economics and the Environment (EIEE), Laurent Drouet
Dominik Roeser, The University of British Columbia
RFF-CMCC European Institute on Economics and the Environment (EIEE), Johannes Emmerling
Hisham Zerriffi, The University of British Columbia
The article is available here: LinkedIn