1,665
Views
1
CrossRef citations to date
0
Altmetric
Research Article

The effects of species-composition-oriented silviculture on timber value and carbon – a stand-level case study in subtropical China

, , , , , & show all
Pages 13-24 | Received 26 Apr 2021, Accepted 10 Oct 2021, Published online: 11 Jan 2022

Figures & data

Figure 1. Flowchart of the analysis framework for the current study

Figure 1. Flowchart of the analysis framework for the current study

Table 1. Details of the five management alternatives

Figure 2. The development of stocking volume over time for all silvicultural options

Figure 2. The development of stocking volume over time for all silvicultural options

Figure 3. The development of carbon storage for all silvicultural options

Figure 3. The development of carbon storage for all silvicultural options

Figure 4. Cash flows for all silvicultural options

Figure 4. Cash flows for all silvicultural options

Table 2. Net present value (NPV), equivalent annual annuity (EAA) and internal rate of return (IRR) for all alternatives

Figure 5. Sensitivity analysis by option NPV with: (a) changing harvesting cost; (b) changing timber price; and (c) changing discount rate

Figure 5. Sensitivity analysis by option – NPV with: (a) changing harvesting cost; (b) changing timber price; and (c) changing discount rate

Figure 6. Economic benefit and carbon sequestration of all silvicultural options

Note: Circles stand for the normalised sensitivity index (SI): red for timber price; blue for harvesting cost; and green for discount rate
Figure 6. Economic benefit and carbon sequestration of all silvicultural options

Table 3. The carbon values and the combined values by scenario