Comparisons of carbon pools and economic profitability for managed ponderosa pine stands in Wyoming, USA

A. Chatterjee, Sian Mooney, G. F. Vance

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

A forest carbon (C) sequestration project was conducted to evaluate the economic incentives that would be required by landowners to engage in C trading under different management regimes. Costs associated with joint management for C sequestration and timber would be valuable for establishing sound forest C trading systems. In this study, we calculated the C yield and amortized value of three Wyoming, ponderosa pine stands. The management practices examined were, unmanaged, even-aged (regeneration after clear-cut) and uneven-aged (selectively harvested). Costs and revenues associated with three stands were converted into 2006 real dollars using the all commodity producer price index to facilitate a comparison among the net revenues of three stands. Net revenues were annualized using a conservative annual interest rate of 4.5%. Our even-aged stand had the highest annual average C yield of 2.48 Mg·ha-1·a1, whereas, the uneven-aged stand had the lowest C accumulation (1.98 Mg·ha-1·a-1). Alternatively, the even-aged stand had the highest amortized net return of $276·ha-1·a-1 and the unmanaged stand had the lowest net return of $64 ·ha-1·a-1. On the plots examined, an annual payment of $22 for each additional Mg of C sequestered would encourage a change from uneven aged management to an unmanaged stand that sequesters additional C, in the absence of transactions costs.

Original languageEnglish (US)
Pages (from-to)482-486
Number of pages5
JournalJournal of Forestry Research
Volume21
Issue number4
DOIs
StatePublished - Dec 2010
Externally publishedYes

Fingerprint

Pinus ponderosa
carbon sinks
profitability
even-aged stands
income
economics
carbon sequestration
carbon
uneven-aged management
uneven-aged stands
commodity prices
interest (finance)
economic incentives
transaction cost
interest rate
landowners
landowner
cost
commodity
timber

Keywords

  • amortized net revenue
  • carbon sequestration
  • ponderosa pine
  • timber harvest
  • Wyoming

ASJC Scopus subject areas

  • Forestry

Cite this

Comparisons of carbon pools and economic profitability for managed ponderosa pine stands in Wyoming, USA. / Chatterjee, A.; Mooney, Sian; Vance, G. F.

In: Journal of Forestry Research, Vol. 21, No. 4, 12.2010, p. 482-486.

Research output: Contribution to journalArticle

Chatterjee, A. ; Mooney, Sian ; Vance, G. F. / Comparisons of carbon pools and economic profitability for managed ponderosa pine stands in Wyoming, USA. In: Journal of Forestry Research. 2010 ; Vol. 21, No. 4. pp. 482-486.
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