Value of a Flexible Forest Harvest Decision with Short Period Forest Carbon Offsets: Application of a Binomial Option Model
Forest carbon offset programs have suffered from low landowner uptake, in large part to their long duration. A recent innovation in forest carbon offsets is the use of short period delays to harvest, which extend the rotation age of the stand beyond what is optimal for timber alone and increase sequ...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2022-10-01
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| Series: | Forests |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1999-4907/13/11/1785 |