What Economics Does — or Doesn’t — Tell Us About the Climate Consequences of Using Wood

Comment on using economic models to estimate the emissions from wood harvest and use: Should climate strategy encourage more harvesting or less harvesting of wood?

One claim is that increased demand for wood will lead to more forests and is therefore good for the climate. This essay for the World Resources Institute with co-author, Professor Steven Berry of Yale University, explains why that is not an appropriate approach to measuring emissions. It also explains the lack of economic evidence to support such claims and how global economic forestry models can build pure assumptions into their models that generate these results.

Read the essay here.