Observatorio de I+D+i UPM

Memorias de investigación
Book chapters:
Influence of carbon sequestration in an optimal set of coppice rotations
Year:2017
Research Areas
  • Forest plantation
Information
Abstract
The coppice regeneration method used to manage eucalypts leads to a simultaneous optimization problem: the manager has to simultaneously define the optimal age in each coppice rotation and the optimal number of coppice rotations for each plantation full cycle. The dynamic nature of the problem justifies the use of methods like dynamic programming in order to achieve optimal solutions. Expected land value and the duration of the optimal rotation may change significantly when payments for carbon sequestration are added as revenues in the cash flow analysis of the project. In this chapter, we analyze the effects of considering carbon sequestration as a subsidized complementary product when defining the optimal set of coppice rotations. A Monte Carlo simulation technique was used to model the inherent risk of some variables and parameters like pulpwood price, carbon price, and discount rate. The variation in the land expectation value and in the optimal rotation length is reported when these stochastic variables are computed. Two study cases are shown, one with Eucalyptus urophylla S.T. Blake in Brazil, and another with Eucalyptus globulus Labill in Galicia, Spain
International
Si
10.1007/978-3-319-28250-3_9
Book Edition
Book Publishing
Springer
ISBN
978-3-319-28250-3
Series
Managing Forest Ecosystems
Book title
Managing Forest Ecosystems: The Challenge of Climate Change
From page
187
To page
204
Participants
  • Autor: Luis Augusto Diaz Balteiro (UPM)
  • Autor: Luis Carlos Estraviz Rodriguez (UPM)
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Economía y Sostenibilidad del Medio Natural
  • Departamento: Ingeniería y Gestión Forestal y Ambiental
S2i 2019 Observatorio de investigación @ UPM con la colaboración del Consejo Social UPM
Cofinanciación del MINECO en el marco del Programa INNCIDE 2011 (OTR-2011-0236)
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