Current issue: 54(2)
The impact of carbon sequestration on the financial profitability of four tree plantation cases in Finland and the Philippines were examined. On the basis of stem wood growth; the accumulation of carbon in forest biomass, the formation and decomposition of litter, and the carbon flow in wood-based products were assessed for each reforestation case representing boreal (Finland) and moist tropical conditions (the Philippines). Using different unit values for carbon sequestration the profitability of reforestation was estimated for a fixed 100-year period on a per hectare basis. The financial profitability of reforestation increased notably when the sequestered carbon had high positive values. For example, when the value of carbon sequestration was set to be Twenty-five United States Dollar per megagram of carbon (25 USO/Mg C), the internal rate of return (IRR) of a reforestation investment with Norway spruce (Picea abies (L.) H. Karst.) in Finland increased from 3.2% to 4.1 %. Equally, the IRR of reforestation with mahogany (Swietenia macrophylla King) in the Philippines increased from 12.8% to 15.5%. The present value of carbon sequestration ranged from 39–48% and from 77–101% of the present value of the reforestation cost in Finland and the Philippines, respectively when a 25 USO/Mg C shadow price and a 5% discount rate were applied. Sequestration of one mg of carbon in reforestation in Finland and the Philippines was estimated to cost from 10.5–20.0 and from 4.0–13.6 USO, respectively.
The establishment of moose (Alces alces L.) winter feeding sites, their utilization and their effect on damage to young Scots pine (Pinus sylvestris L.) plantations was studied in Ruokolahti-Imatra area in Eastern Finland in 1987–89. During the period, the density in the area was about 3–5 moose/ 1,000 ha.
Six feeding sites were established by fertilization, offering mineral lics and the tops of aspen and Scot pine and by salting the tops of pine. The moose preferred the feeding site to control areas during both summer and winter. In winter browsing was very heavy, especially in those areas located in or close to traditional wintering areas. In winter no moose were seen in the summer habitats.
The extent of, and fluctuations in moose damage were studied in 47 Scots pine plantations in the immediate surroundings of the feeding sites (29 plantations), control areas (18 plantations) and also 68 randomly selected pine plantations. Before the experiment began in 1987 four plantations had been seriously damaged. During the study period only one plantation was seriously damaged. However, it could not be conclusively proved that damage to the pine plantations had been reduced as a result of the feeding sites. The results of the study can be put into practice elsewhere to create better living conditions for moose in their winter habitats. However, the food offered at the feeding site should be in the right proportion to the number of animals wintering in the area, so that the risk of damage to nearby plantations would be kept as small as possible.
The PDF includes a summary in Finnish.