Jump to ContentJump to Main Navigation
Show Summary Details
More options …

Baltic Journal of Real Estate Economics and Construction Management

1 Issue per year

Open Access
See all formats and pricing
More options …

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


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


  • Calculation methodology for the national footprint accounts. (2010). Retrieved from http://www.footprintnetwork.org/en/index.php/GFN/page/methodology/ Google Scholar

  • Eurostat. (2012). Greenhouse Gas Emissions. Retrieved from http://appsso.eurostat.ec.europa.eu/nui/show.do?dataset=env_air_gge&lang=en Google Scholar

  • Daly, H. & Cobb, J.B. (1989). For the common good: Redirecting the economy toward the community, the environment and a sustainable future, Beacon Press, Boston.Google Scholar

  • Indicators of Sustainable Development: Guidelines and Methodologies / 3rd Edition. (2007). New York, United Nations publication, Sales No. E.08.II.A.2Google Scholar

  • Kubatko, A. V. (2009). Scientific approach to determining the ecological footprint as an indicator of sustainable development at the level of regional economies. Mechanism of economic regulation, 1, 194-202.Google Scholar

  • National Cadastre of antropogenic emissions from sources and absorption of greenhouse gases absorbers in Ukraine in 1990-2012. Retrieved from http://www.neia.gov.ua/nature/doccatalog/document?id=134568Google Scholar

  • Nekrasenko, L., Prokopenko, O., & Konchakovskiy, Y. (2014). Carbon footprint of Ukraine, its dynamics and prediction. International Journal “Sustainable Development”, 19, 64-69.Google Scholar

  • Nekrasenko, L. A., Prokopenko, O.V., Aranchiy, V.I. (2015). Carbon Tax as instruments of environment management in Ukraine. Actual problems of economics, 3 (165), 196-202.Google Scholar

  • Wackernagel, M., & Rees, W. (1996). Our Ecological Footprint: Reducing Human Impact on the Earth, New Society Publishers, Gabriola Island. Retrieved from http://www.footprintnetwork.org.Google Scholar

  • Ukraine in Figures in 2012. (2012). Retrieved from http://www.ukrstat.gov.ua/Google Scholar

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, Volume 3, Issue 1, Pages 120–129, ISSN (Online) 2255-9671, DOI: https://doi.org/10.1515/bjreecm-2015-0012.

Export Citation

© 2016. This work is licensed under the Creative Commons Attribution 4.0 Public License. BY 4.0

Comments (0)

Please log in or register to comment.
Log in