Potential impact of carbon trading on forest management in New Zealand

Manley, Bruce; Maclaren, Piers

doi:10.1016/j.forpol.2010.01.001

Cited by 51 publications

(26 citation statements)

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“…Most work has focused on methods to optimise forest management to utilise financial benefits from carbon -within certain geographical and species constraints. These studies tend to be region specific, some considering domestic forests in Annex I countries, such as in Austria (Chladná, 2007;Seidl et al, 2007), Canada (Bourque et al, 2007), New Zealand (Turner et al, 2008;Manley and Maclaren, 2010), Spain (Balboa-Murias et al, 2006), Sweden (Backéus et al, 2005) and the United States (Feng, 2005;Gutrich and Howarth, 2007;Im et al, 2007). Others have assessed the use of Kyoto's 'flexible mechanisms' to offset emissions through afforestation in Annex II countries, such as Latin America (Benítez and Obersteiner, 2006).…”

Section: Modelling Forestry In An Emissions Trading Schemementioning

confidence: 99%

An investigation into the effects of an emissions trading scheme on forest management and land use in New Zealand

Adams

Turner

2012

Forest Policy and Economics

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Section: Modelling Forestry In An Emissions Trading Schemementioning

confidence: 99%

An investigation into the effects of an emissions trading scheme on forest management and land use in New Zealand

Adams

Turner

2012

Forest Policy and Economics

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“…For comparison, these correspond to 18.2% and 20.5% of New Zealand's 2008 gross agricultural emissions. If rotation lengths are extended in response to the carbon price as suggested by Manley and Maclaren [9] and Turner et al [10], then our projections underestimate the effect of the ETS on forestry removals throughout the projection period.…”

Section: Introductionmentioning

confidence: 76%

Spatial and Temporal Responses to an Emissions Trading Scheme Covering Agriculture and Forestry: Simulation Results from New Zealand

Kerr

Anastasiadis

Olssen

et al. 2012

Forests

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Abstract:We perform simulations using the integrated Land Use in Rural New Zealand (LURNZ) model to analyze the effect of various New Zealand emissions trading scheme (ETS) scenarios on land use, emissions and output in a temporally and spatially explicit manner. We compare the impact of afforestation to the impact of other land-use change on net greenhouse gas emissions and evaluate the importance of the forestry component of the ETS relative to the agricultural component. We find that the effect of including agriculture in the ETS is small relative to the effect of including forestry. We also examine the effect of land-use change on the time profile of net emissions from the forestry sector. Finally, we present projections of future agricultural output under various policy scenarios.

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“…From a public policy perspective, our study brings forth important policy issues; foresters in New Zealand will have to participate to a carbon market that could involve annual payments and surrender of carbon credits (Manley and Maclaren, 2010); a report to French President recommends to give a value to carbon sequestered in trees and wood products (Puech, 2009).…”

Section: Discussionmentioning

confidence: 99%

Rewarding carbon sequestration in South-Western French forests: A costly operation?

Pajot¹

2011

JFE

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JEL classification: t r a c tThe extension of rotation lengths in forests has been proposed as an option for increasing carbon storage and contributing to climate change mitigation. This paper presents the results of a case study conducted on forests located in the southwest of France. The aim of this research was to assess the cost effectiveness of a subsidy/tax system on carbon fluxes. First, it is shown that such a mechanism leads forest owners to extend rotation lengths. However, cost effectiveness analysis shows that: (1) marginal social costs are more expensive than the private marginal costs of carbon sequestration; (2) marginal costs are higher when carbon stocks are discounted, ranging from 170.1 D /tC to 719.8 D /tC with discounted carbon stocks; and from 38.8 D /tC to 78.4 D /tC with undiscounted carbon stocks; (3) marginal costs are in the range of measures of the social value of carbon for France; (4) marginal costs increase with timber prices and increase with discount rate.

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Potential impact of carbon trading on forest management in New Zealand

Cited by 51 publications

References 1 publication

An investigation into the effects of an emissions trading scheme on forest management and land use in New Zealand

An investigation into the effects of an emissions trading scheme on forest management and land use in New Zealand

Spatial and Temporal Responses to an Emissions Trading Scheme Covering Agriculture and Forestry: Simulation Results from New Zealand

Rewarding carbon sequestration in South-Western French forests: A costly operation?

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