Economic analysis of carbon sequestration and bioenergy production under catastrophic risk and price uncertainty

This paper investigates how payments for carbon offsets and bioenergy impact the optimal management of hardwood forests under conditions of risk and price uncertainty that represents by the use of an E-V model. The results show that higher carbon price increases LEV and rotation age; fire risk decreases LEV and rotation age.


Editor(s):
Stainback, George
Dillon, Carl
Issue Date:
2014
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/162566
Page range:
1-22
Total Pages:
22




 Record created 2017-04-01, last modified 2017-08-27

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