dc.contributor.author | Winchester, Niven Stewart | |
dc.contributor.author | Reilly, John M | |
dc.date.accessioned | 2019-07-01T21:16:23Z | |
dc.date.available | 2019-07-01T21:16:23Z | |
dc.date.issued | 2018-06 | |
dc.identifier.uri | https://hdl.handle.net/1721.1/121478 | |
dc.description.abstract | There has been rapid growth in the use of engineered wood products in the construction sector in recent decades. We evaluate the economy-wide impacts of replacing carbon-intensive construction inputs, such as steel and cement, with lumber products in the US under an emissions constraint. We find that the ability to substitute lumber-based building materials increases production from the lumber and forestry sectors and decreases production from carbon-intensive sectors such as cement. Under a carbon cap-and-trade policy, the ability to substitute lumber products lowers the carbon price and the GDP cost of meeting the carbon cap, with more overall emissions abatement in the construction industry. | en_US |
dc.description.sponsorship | The authors gratefully acknowledge financial support from Weyerhaeuser and the Softwood Lumber Board. The MIT Joint Program on the Science and Policy of Global Change is funded by a consortium of industrial sponsors and Federal grants. For a complete list of sponsors see http://globalchange.mit.edu/sponsors. | en_US |
dc.language.iso | en_US | en_US |
dc.publisher | MIT Joint Program on the Science and Policy of Global Change | en_US |
dc.relation.ispartofseries | MIT Joint Program Report Series;331 | |
dc.title | The economic and emissions benefits of engineered wood products in a low-carbon future | en_US |
dc.type | Working Paper | en_US |
dc.identifier.citation | Report 331 | en_US |