Recent history has seen an increase in the utilization of partial equilibrium based forest sector models to identify potential impacts of various policies or timber market shocks. These models are particularly useful in that they employ economic theory to capture the interaction of supply and...

The efficiency of potential climate change mitigation is predicated on future costs and benefits and thus heavily influenced by the discount scheme. Dual discounting involves discounting carbon and monetary values differently; stand level modeling efforts show that it improves the profitability...

This study examines the effects of different coal, natural gas and carbon emission prices and market situations on the use of wood for electricity and heat production in the European Union. The analysis is carried out using the global forest sector model EFI-GTM expanded to cover electricity and...

Increased protection of forest biodiversity implies reduced income from timber production both for society and forest owners, and consistent analysis of the relationships between biodiversity benefits and corresponding costs is important both for forest managers as well as policy makers. Using a...

This study examines how subsidies for wood-fired heat and power plants and wood with coal co-fired power plants influence the use of wood biomass for energy in the short (2020) to medium (2030) term in the EU (European Union). Analysis shows that without subsidies wood-fired electricity will...

Forests have an important role to play in climate change mitigation through carbon sequestration and wood supply. However, the lower albedo of mature forests compared to bare land implies that focusing only on GHG accounting may lead to biased estimates of forestry's total climatic impacts. An...

This article reviews and compares assessments of three biodiesel fuels: (1) transesterified lipids, (2) hydrotreated vegetable oils (HVO), and (3) woody biomass-to-liquid (BTL) Fischer-Tropsch diesel and selected feedstock options. The article attempts to rank the environmental performance and...

In the discussion of how forests can contribute to reducing the content of greenhouse gases on the atmosphere, most focus has been given to the sequestration of carbon dioxide in forests. Few studies have analysed the additional impact wood-based product has as a substitute for other materials....