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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Estimating The Present Value Of Carbon Sequestration In U.S. Forests, 2015–2050, For Evaluating Federal Climate Change Mitigation Policies, Robert T. Haight, Randall Bluffstone, Jeffrey D. Kline, John D. Coulston, David N. Wear, Kate Zook
Estimating The Present Value Of Carbon Sequestration In U.S. Forests, 2015–2050, For Evaluating Federal Climate Change Mitigation Policies, Robert T. Haight, Randall Bluffstone, Jeffrey D. Kline, John D. Coulston, David N. Wear, Kate Zook
Economics Faculty Publications and Presentations
We demonstrate an application evaluating carbon sequestration benefits from federal policy alternatives. Using detailed forest inventory data, we projected carbon sequestration outcomes in the coterminous 48 states for a baseline scenario and three policy scenarios through 2050. Alternatives included (1) reducing deforestation from development, (2) afforestation in the eastern United States and reforestation in the western United States, and (3) reducing stand-replacing wildfires. We used social cost of carbon estimates to evaluate the present value of carbon sequestration benefits gained with each policy. Results suggest that afforestation and reforestation would provide the greatest marginal increase in carbon benefit, far exceeding …
Research Choice And Finance In University Bioscience, David E. Ervin, Steven T. Buccola, Hui Yang
Research Choice And Finance In University Bioscience, David E. Ervin, Steven T. Buccola, Hui Yang
Economics Faculty Publications and Presentations
Academic bioscience's rising importance for downstream technology and growing private sector relationships have evoked substantial policy attention. We contribute to the scrutiny by asking how university bioscientists design and finance their research, with particular attention to the mutuality of research portfolio choice and funding success. The analysis requires consideration of other major influences on academic science, including scientific norms, human capital, and institutional environment. Drawing on a national survey of university bioscientists, we find that public financial support encourages more basic investigation and private support encourages more applied investigation. Yet downstream research is only moderately more excludable than upstream. Once …