Optimal management of a flammable forest providing timber and carbon sequestration benefits: An Australian case study

Daniel A. Spring, J. Kennedy, R. Mac Nally

    Research output: Contribution to journalArticle

    11 Citations (Scopus)

    Abstract

    In deciding to keep or fell a forest stand given its age, the risk of loss of timber through wildfire is an important consideration. If trees also have value from sequestration of carbon, another effect of fire is the unplanned loss of stored carbon. Factors affecting the decision to keep or fell trees, and how much to spend on fire protection, are investigated using stochastic dynamic programming, using carbon sequestration in stands of mountain ash in Victoria as a case study. The effect of treating sawlogs as a permanent carbon sink after harvesting is explored.
    Original languageEnglish
    Pages (from-to)303-320
    Number of pages18
    JournalThe Australian Journal of Agricultural and Resource Economics
    Volume49
    Issue number3
    DOIs
    Publication statusPublished - 2005

    Fingerprint

    Carbon Sequestration
    carbon sequestration
    forest management
    Victoria (Australia)
    case studies
    sawlogs
    dynamic programming
    Sorbus
    wildfires
    carbon sinks
    forest stands
    Victoria
    mountains
    carbon
    Carbon
    Forests
    Carbon sequestration
    Optimal management
    Timber

    Cite this

    @article{bcf256b2a7224ba89bf1a442833a8919,
    title = "Optimal management of a flammable forest providing timber and carbon sequestration benefits: An Australian case study",
    abstract = "In deciding to keep or fell a forest stand given its age, the risk of loss of timber through wildfire is an important consideration. If trees also have value from sequestration of carbon, another effect of fire is the unplanned loss of stored carbon. Factors affecting the decision to keep or fell trees, and how much to spend on fire protection, are investigated using stochastic dynamic programming, using carbon sequestration in stands of mountain ash in Victoria as a case study. The effect of treating sawlogs as a permanent carbon sink after harvesting is explored.",
    author = "Spring, {Daniel A.} and J. Kennedy and {Mac Nally}, R.",
    note = "Cited By :10 Export Date: 6 June 2017",
    year = "2005",
    doi = "10.1111/j.1467-8489.2005.00296.x",
    language = "English",
    volume = "49",
    pages = "303--320",
    journal = "Australian Journal of Agricultural and Resource Economics",
    issn = "1364-985X",
    publisher = "Wiley-Blackwell",
    number = "3",

    }

    TY - JOUR

    T1 - Optimal management of a flammable forest providing timber and carbon sequestration benefits: An Australian case study

    AU - Spring, Daniel A.

    AU - Kennedy, J.

    AU - Mac Nally, R.

    N1 - Cited By :10 Export Date: 6 June 2017

    PY - 2005

    Y1 - 2005

    N2 - In deciding to keep or fell a forest stand given its age, the risk of loss of timber through wildfire is an important consideration. If trees also have value from sequestration of carbon, another effect of fire is the unplanned loss of stored carbon. Factors affecting the decision to keep or fell trees, and how much to spend on fire protection, are investigated using stochastic dynamic programming, using carbon sequestration in stands of mountain ash in Victoria as a case study. The effect of treating sawlogs as a permanent carbon sink after harvesting is explored.

    AB - In deciding to keep or fell a forest stand given its age, the risk of loss of timber through wildfire is an important consideration. If trees also have value from sequestration of carbon, another effect of fire is the unplanned loss of stored carbon. Factors affecting the decision to keep or fell trees, and how much to spend on fire protection, are investigated using stochastic dynamic programming, using carbon sequestration in stands of mountain ash in Victoria as a case study. The effect of treating sawlogs as a permanent carbon sink after harvesting is explored.

    U2 - 10.1111/j.1467-8489.2005.00296.x

    DO - 10.1111/j.1467-8489.2005.00296.x

    M3 - Article

    VL - 49

    SP - 303

    EP - 320

    JO - Australian Journal of Agricultural and Resource Economics

    JF - Australian Journal of Agricultural and Resource Economics

    SN - 1364-985X

    IS - 3

    ER -