Managing Forests for Multiple Tradeoffs: Compromising on Timber, Carbon, and Biodiversity Objectives

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Managing Forests for Multiple Tradeoffs: Compromising on Timber, Carbon, and Biodiversity Objectives

Author Info

Emina Krcmar
G. Cornelis van Kooten
Ilan Vertinsky

Additional information is available for the following registered author(s):

Gerrit Cornelis van Kooten

Abstract

In this paper, we develop a multiple objective, decision-making model that focuses on forest policies that simultaneously achieve carbon uptake and maintenance of ecosystem diversity objectives. Two forest carbon measures are used – a nominal (undiscounted) net carbon uptake as a proxy for long-term carbon sequestration and discounted net carbon uptake that captures the “fast” carbon accumulation aspect. Ecosystem diversity is expressed in terms of desired structures for forest and afforested agricultural land. Economic effects of possible strategies are examined by comparing attainment of these objectives with the net discounted returns from commercial timber harvests and agricultural activities. The tradeoffs between timber and non-timber objectives are obtained by means of compromise programming. Two measures of distance between the current objective values and the ideal ones are used to assess attainment of multiple goals. We explore how the choice of a measure affects the decisions and overall performance. The model is applied to the boreal forest and accompanying marginal agricultural lands in the Peace River region of northeastern British Columbia.

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Paper provided by University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group in its series Working Papers with number 2004-02.

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Length: 34 pages
Date of creation: 2004
Date of revision:
Handle: RePEc:rep:wpaper:2004-02

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Find related papers by JEL classification:
Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters

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Krcmar, Emina & Eagle, Alison J. & van Kooten, G. Cornelis, 2007. "Optimal Forest Strategies for Addressing Tradeoffs and Uncertainty in Economic Development under Old-Growth Constraints," Annual Meeting, July 29-August 1, 2007, Portland, Oregon 10251, Canadian Agricultural Economics Society. [Downloadable!]

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This page was last updated on 2009-11-4.

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