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Full-Text Articles in Forest Sciences
Quantifying The Effects Of Biomass Market Conditions And Policy Incentives On Economically Feasible Sites To Establish Dedicated Energy Crops, Sandhya Nepal, Marco A. Contreras, George A. Stainback, John M. Lhotka
Quantifying The Effects Of Biomass Market Conditions And Policy Incentives On Economically Feasible Sites To Establish Dedicated Energy Crops, Sandhya Nepal, Marco A. Contreras, George A. Stainback, John M. Lhotka
Forestry and Natural Resources Faculty Publications
This study used a spatially-explicit model to identify the amount and spatial distribution of economically feasible sites for establishing dedicated energy crops under various market and policy scenarios. A sensitivity analysis was performed for a biomass market with different discount rates and biomass prices as well as policy scenarios including propriety tax exemption, carbon offset payments, and the inclusion of farmland for biomass production. The model was applied to a four-county study area in Kentucky representing conditions commonly found in the Ohio River Valley. Results showed that both biomass price and discount rate have a can strongly influence the amount …
Kentucky Forestry Economic Impact Report 2014, Jeff Stringer, Billy Thomas, Bobby Ammerman, Alison Davis
Kentucky Forestry Economic Impact Report 2014, Jeff Stringer, Billy Thomas, Bobby Ammerman, Alison Davis
Kentucky Forestry Economic Impact Reports
Forests cover one-half of Kentucky and provide a wide range of benefits to the commonwealth. One of the most notable benefits is the economic contribution that we gain from the utilization of timber and wood resources. Analysis of Kentucky’s forest and wood industries in 2014 indicated an estimated direct economic impact of $8.3 billion (up 4.4% from 2013). These industries employed over 28,200 individuals. Total economic impacts were estimated at $12.8 billion and 57,700 jobs in 2014. Kentucky is one of the leading producers of hardwood forest products in the south and exports wood products across the nation and the …