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- Hale, Todd; Kahui, Viktoria; Farhat, Daniel
- The Australian journal of agricultural and resource economics 2015 v.59 no.1 pp. 116-132
- opportunity costs, etc ; biomass; carbon; carbon markets; carbon sequestration; carbon sinks; emissions; farming systems; forests; income; land use; models; planning; society; timber production; wood; woodlands; New Zealand; Show all 18 Subjects
- ... Carbon sequestered through increased forest biomass provides a low cost means to curb emissions and has become a major focus of New Zealand's Emissions Trading Scheme. We present a forest planning optimisation model where land use is governed by forest owners maximising the returns to both timber harvest and carbon sequestration. By varying carbon prices, we model efficient trade‐offs between the ...