... of afforestation, particularly how it will vary with the price of carbon in the ETS. Consequently a model is developed to estimate afforestation rate from the Land Expectation Value (LEV) of 'traditional' forestry (i.e., revenues only from log sales), the LEV from the carbon trading opportunity that the ETS...

...Richard J. Brazee Several national governments now require the discount rate for public projects with long planning horizons to decrease over the life of a project. Theoretical results that characterize the impacts of a declining discount rate on optimal harvest age and land expectation values...

... to increasing marginal utility with decreasing availability per head of products, would justify use of a negative discount rate. For a logically complete suite of conditions, a means of identifying optimal rotation with such a rate is needed. Applying the usual formulation for land expectation value...

... by Elsevier GmbH 2013 Department of Forest Economics, Swedish University of Agricultural Sciences, Umeå. Published by Elsevier GmbH Licensed re-use rights only Carbon sequestration Harvest age Price of carbon Land expectation value C610 Q230 Q570 Changes in temperature...

... re-use rights only Cost-share Herbaceous weed control Intensive management Land expectation value Net present value NIPF landowners Pine plantation Site preparation Q230 Q570 Because demand for wood product is projected to remain strong for the foreseeable future...

... for Sustainable Forestry funded this research. 30 06 2005 20 08 2008 © 2008 Elsevier GmbH 2008 Elsevier GmbH Licensed re-use rights only Biodiversity conservation Sustainable forestry Profitability Land expectation value Q23 Concerns for healthy forests, enhanced...