Observatorio de I+D+i UPM

Memorias de investigación
Book chapters:
Influence of carbon sequestration in an optimal set of coppice rotations
Year:2008
Research Areas
  • Agriculture
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. When carbon sequestration is included in the analysis, the land expectation value changes and the optimal rotation length might change as well. This chapter analyzes the influence 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 or 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
Book Edition
0
Book Publishing
Springer
ISBN
978-1-4020-8342-6
Series
Book title
Managing forest ecosystems: the challenge of climate change
From page
113
To page
130
Participants
  • Participante: LUIZ CARLOS ESTRAVIZ RODRIGUEZ (ESALQ (Brasil))
  • Autor: Luis Augusto Diaz Balteiro (UPM)
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Economía y Sostenibilidad del Medio Natural
  • Departamento: Economía y Gestión Forestal
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