Forest management for carbon and carbon price risk
Authors: James A Turner; Graham West; Heidi Dungey; Steve Wakelin; Piers Maclaren; Tom Adams; Paul Silcock
Download full report in PDF format [PDF 1.45MB]
Executive summary
The majority of New Zealand's planted forests are radiata pine, with management focused on maximising profits from timber and fibre sales through manipulating rotation length, species, site choice, etc. With the introduction of an official carbon market forest managers are faced with new opportunities and challenges when including carbon in the products they produce from their forests. The objective of this report is to identify how New Zealand planted forest management could change to effectively manage for carbon sequestration and carbon-price risk. This study involved evaluating existing knowledge in a literature review, and carrying out a comprehensive stand and estate-level modelling exercise.
Results were used to identify core knowledge gaps and provide a research plan for addressing these gaps. Study results are not, however, intended for use in aninvestment analysis for a single property.
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