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Effect of Bioenergy Demands and Supply Response on Markets, Carbon, and Land Use

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Abstract:

An increase in the demand for wood for energy, including liquid fuels, bioelectricity, and pellets, has the potential to affect traditional wood users, forestland uses, management intensities, and, ultimately, carbon sequestration. Recent studies have shown that increases in bioenergy harvests could lead to displacement of traditional wood-using industries in the short run and intensive management, land use change, and sawtimber market impacts in the long-run. We simulate timber markets, as well as land use response and carbon outcomes resulting from projections of both traditional and bioenergy wood use in Alabama, Georgia, and Florida under differing levels of market supply responses. Increased logging residue recovery had a moderating effect on prices, although increased planting response led to higher carbon sequestration, and smaller effects on prices. Increased forest productivity led to lower prices, but also led to reduced timberland and thus lower forest carbon sequestration. Supply responses will be crucial to moderating market responses to increases in bioenergy wood demands.

Keywords: carbon sequestration; logging residue; timber demand; timber supply; woody biomass

Document Type: Research Article

DOI: https://doi.org/10.5849/forsci.11-055

Publication date: 2012-10-01

More about this publication?
  • Forest Science is a peer-reviewed journal publishing fundamental and applied research that explores all aspects of natural and social sciences as they apply to the function and management of the forested ecosystems of the world. Topics include silviculture, forest management, biometrics, economics, entomology & pathology, fire & fuels management, forest ecology, genetics & tree improvement, geospatial technologies, harvesting & utilization, landscape ecology, operations research, forest policy, physiology, recreation, social sciences, soils & hydrology, and wildlife management.
    Forest Science is published bimonthly in February, April, June, August, October, and December.

    2015 Impact Factor: 1.702
    Ranking: 16 of 66 in forestry

    Also published by SAF:
    Journal of Forestry
    Other SAF Publications
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