Related papers: Optimal forest rotation under carbon pricing and f…
This paper considers the optimal rotation of forests when the carbon flows of forest growth and harvest are priced with an increasing price. Such an evolution of carbon price is generally associated with economically efficient climate…
Along with the accumulation of atmospheric carbon dioxide, the loss of primary forests and other natural ecosystems is a major disruption of the Earth system causing global concern. Quantifying planetary warming from carbon emissions,…
Nitrogen fertilization of boreal forests is investigated in terms of microeconomics, as a tool for carbon sequestration. The effects of nitrogen fertilization's timing on the return rate on capital and the expected value of the timber stock…
A recent Douglas fir management investigation is repeated in terms of accounting measures. The rotation times become much shorter than in earlier results. Thinnings do not become feasible, provided the thinning effects on the volumetric…
How should nations price carbon? This paper examines how the treatment of global inequality, captured by regional welfare weights, affects optimal carbon prices. I develop theory to identify the conditions under which accounting for…
Policies to mitigate climate change and biodiversity loss often assume that protecting carbon-rich forests provides co-benefits in terms of biodiversity, due to the spatial congruence of carbon stocks and biodiversity at biogeographic…
Probability theory is applied for the effect of severe disturbances on the return rate on capital within multiannual stands growing crops. Two management regimes are discussed, rotations of even-aged plants on the one hand, and uneven-aged…
We analyze the harvesting and stocking of a population that is affected by random and seasonal environmental fluctuations. The main novelty comes from having three layers of environmental fluctuations. The first layer is due to the…
There is great uncertainty about future climate conditions and the appropriate policies for managing interactions between the climate and the economy. We develop a multidimensional computational model to examine how uncertainties and risks…
The loss of soil organic carbon (SOC) poses a severe danger to agricultural sustainability around the World. This review examines various farming practices and their impact on soil organic carbon storage. After a careful review of the…
Global warming may induce in Western Europe an increase in storms. Hence the forest managers will have to take into account the risk increase. We study the impact of storm risk at the stand level. From the analytical expressions of the…
Carbon futures has recently emerged as a novel financial asset in the trading markets such as the European Union and China. Monitoring the trend of the carbon price has become critical for both national policy-making as well as industrial…
The impact of the presence of risk of destructive event on the silvicultural practice of a forest stand is investigated. For that, we consider a model of population dynamics. This model has allowed us to make the comparison without and with…
Carbon credits are a key component of most national and organizational climate strategies. Financing and delivering carbon credits from forest-related activities faces multiple risks at the project and asset levels. Financial mechanisms are…
While wind and solar power contribute to sustainability, their intermittent nature poses challenges when integrated into the grid. To mitigate these issues, renewable energy can be combined with coal fired power and hydropower sources to…
In short, our experiments suggest that yes, on average, rotation forest is better than the most common alternatives when all the attributes are real-valued. Rotation forest is a tree based ensemble that performs transforms on subsets of…
Reconciling agricultural production with climate-change mitigation is a formidable sustainability problem. Retaining trees in agricultural systems is one proposed solution, but the magnitude of the current and future-potential benefit that…
The aim of this paper is to address the effect of the carbon emission allowance market on the production policy of a large polluter production firm. We investigate this effect in two cases; when the large polluter cannot affect the risk…
The stock market is a crucial component of the financial market, playing a vital role in wealth accumulation for investors, financing costs for listed companies, and the stable development of the national macroeconomy. Significant…
Ecological systems are dynamic and policies to manage them need to respond to that variation. However, policy adjustments will sometimes be costly, which means that fine-tuning a policy to track variability in the environment very tightly…