2021
DOI: 10.3390/f12060651
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Use of Optimization Modeling to Assess the Effect of Timber and Carbon Pricing on Harvest Scheduling, Carbon Sequestration, and Net Present Value of Eucalyptus Plantations

Abstract: Quantifying the impact of carbon (C) and timber prices on harvest scheduling and economic returns is essential to define strategies for the sustainable management of short-rotation plantations so that they can provide timber products and contribute to C sequestration. In this paper, we present a mixed-integer linear programming model that optimizes harvest scheduling at the forest level, C sequestration, and Net Present Value (NPV) over a planning period of up to 15 years. The model included revenue from the s… Show more

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Cited by 12 publications
(3 citation statements)
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“…The net present value (NPV) was widely used to evaluate the program's economic feasibility [21][22][23][24][25][26][27][28]. It presents the cash inflows subtracted by the cash outflows linked to the investment over an observed period.…”
Section: Data Sources and Evaluation Methodsmentioning
confidence: 99%
“…The net present value (NPV) was widely used to evaluate the program's economic feasibility [21][22][23][24][25][26][27][28]. It presents the cash inflows subtracted by the cash outflows linked to the investment over an observed period.…”
Section: Data Sources and Evaluation Methodsmentioning
confidence: 99%
“…Considering the multiple uncertainties and the dynamics of socioeconomic systems, scenario-based analyses and optimization modeling are useful techniques for assessing the future trajectory of forests [34,35] and, thus, integral parts of planning and decision-making. In this study, we spatially allocated the projected future forest area changes and its goods and carbon service under five SSPs by using scenario analysis and optimization modeling methods based on the national forest inventory database.…”
Section: Introductionmentioning
confidence: 99%
“…The economic value measurement of forest carbon sink refers to monetizing the fixed carbon storage of a forest. Different scholars have different research objects, influence factors, and measurement methods, and the carbon sink price obtained varies greatly, which has a great impact on the estimation of the economic value of forest carbon sink [31]. Through sorting out relevant literature, the current methods used by scholars to measure the economic value of forest carbon sink mainly include artificial fixed carbon dioxide method, carbon tax law [32], market price method [33], afforestation cost method [34], and so on, but it is difficult to use these methods to accurately predict the future carbon value based on market fluctuations.…”
Section: Introductionmentioning
confidence: 99%