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Economics of timber production and climate change mitigation

Guo, Jinggang (2018). Economics of timber production and climate change mitigation. Diss. (sammanfattning/summary) Uppsala : Sveriges lantbruksuniv., Acta Universitatis Agriculturae Sueciae, 1652-6880 ; 2018:49
ISBN 978-91-7760-238-5
eISBN 978-91-7760-239-2
[Doctoral thesis]

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Abstract

Timber and bioenergy production and forest carbon sequestration are intrinsically interrelated with one another. Consisting of four papers, this thesis addresses their interactions from different perspectives in Sweden. The motivation for the thesis is triggered by two of the national environmental quality objectives, Reduced Climate Impact and Sustainable Forests. The overall goal of the thesis is to increase understanding of the potential trade-offs and synergies between timber production, bioenergy, and forest carbon sequestration.

To achieve the goal of the study, a partial equilibrium (PE) model of Swedish timber market is calibrated in paper I and developed in paper II to paper IV. Respectively, in paper I the model is extended to include non-timber benefits and then the model is calibrated by finding a proper level of the non-timber benefits. By examining the interaction between timber production and forest sequestration under alternative hypothetical carbon prices, paper II estimates the cost of enhancing forest carbon sequestration. Paper III focuses on the impacts of increasing fuelwood demand on the Swedish forest sector. The interactions between three major timber products and forest resources are examined. Besides fuelwood, paper IV encompasses a wider range of biomass feedstock for bioenergy. The complex interdependence between bioenergy, timber production, and forest carbon are addressed explicitly. In addition, carbon balance associated with bioenergy expansion is projected over time to reveal the complex dynamics involved in forest-based carbon mitigation.

The results of these papers show that the inclusion of non-timber benefits in the forest sector modeling framework can more accurately reflect the objectives of forest owners. Promoting forest carbon sequestration in Sweden to mitigate climate change can be a relatively low-cost option, and it is more effective in the short term. The potential expansion of bioenergy will change the optimal mix of timber and non-timber products and services, causing competition between timber markets and affecting forest carbon. It is worth noting that the climate benefits of using bioenergy compared to fossil fuels are time dependent. The findings of this thesis will contribute to informing policymakers of the potential impacts of the different policy instruments, assisting them in handling trade- offs between sometimes conflicting policy goals.

Authors/Creators:Guo, Jinggang
Title:Economics of timber production and climate change mitigation
Series/Journal:Acta Universitatis Agriculturae Sueciae (1652-6880)
Year of publishing :September 2018
Depositing date:5 September 2018
Volume:2018:49
Number of Pages:33
Papers/manuscripts:
NumberReferences
IGong, P., Guo, J. (2017). Estimating landowners’ valuation of non-timber benefits based on the optimal timber supply. (manuscript).
IIGuo, J., Gong, P. (2017). The potential and cost of increasing forest carbon sequestration in Sweden. Journal of Forest Economics, 29, 78–86.
IIIGuo, J., Gong, P. (2018). Assessing the impacts of rising fuelwood demand on Swedish forest sector: An intertemporal optimization approach.(manuscript).
IVGuo, J., Gong, P., Brännlund R. (2018). Impacts of increasing bioenergy production on timber harvest and carbon emissions. (manuscript).
Place of Publication:Uppsala
Publisher:Department of Forest Economics, Swedish University of Agricultural Sciences.
ISBN for printed version:978-91-7760-238-5
ISBN for electronic version:978-91-7760-239-2
ISSN:1652-6880
Language:English
Publication Type:Doctoral thesis
Full Text Status:Public
Agris subject categories.:E Economics, development, and rural sociology > E16 Production economics
P Natural resources > P06 Renewable energy resources
Subjects:(A) Swedish standard research categories 2011 > 5 Social Sciences > 502 Economics and Business > Economics
Agrovoc terms:forestry sector, carbon sequestration, equilibrium theory, bioenergy, climate change
Keywords:forest sector modeling, carbon sequestration, partial equilibrium model, bioenergy, climate change
URN:NBN:urn:nbn:se:slu:epsilon-e-4982
Permanent URL:
http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-e-4982
ID Code:15643
Faculty:S - Faculty of Forest Sciences
Department:(S) > Dept. of Forest Economics
Deposited By: Mr Jinggang Guo
Deposited On:05 Sep 2018 13:04
Metadata Last Modified:05 Sep 2018 13:04

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