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Baltic Journal of Real Estate Economics and Construction Management

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2255-9671
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The Economic Valuation of Carbon Footprint

Larysa An. Nekrasenko / Olha V. Prokopenko
Published Online: 2016-03-05 | DOI: https://doi.org/10.1515/bjreecm-2015-0012

Abstract

Currently, Greenhouse Gas Emissions are the main reason of the global warming threat. Carbon sequestration by the forests plays the important role in reducing CO2 emissions. Therefore, the environmental policy of the state to reduce greenhouse gases should first of all focus on the development of forestry. But at the same time the environmental policy depends on the tax policy of the state and is significantly different in developed countries and in countries with transition economies.

Keywords: Air pollution; carbon tax; crop rotations; environmental taxes; reforestation; sustainable development; valuation of environmental effects

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About the article

Published Online: 2016-03-05

Published in Print: 2015-12-01


Citation Information: Baltic Journal of Real Estate Economics and Construction Management, ISSN (Online) 2255-9671, DOI: https://doi.org/10.1515/bjreecm-2015-0012.

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© 2016. This article is distributed under the terms of the Creative Commons Attribution 4.0 Public License. BY 4.0

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