Portable Sawmilling of Locally Grown Alternative Timber Species
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A Real Options Approach Using the Binomial Tree Method
Valuation of Carbon Forestry and the New Zealand Emissions Trading Scheme: A Real Options Approach Using the Binomial Tree Method James Tee1, Riccardo Scarpa1, Dan Marsh1 and Graeme Guthrie2 1 Department of Economics, University of Waikato, New Zealand. 2 School of Economics and Finance, Victoria University of Wellington, New Zealand. Please kindly address all correspondences to [email protected] Selected Paper prepared for presentation at the International Association of Agricultural Economists (IAAE) Triennial Conference, Foz do Iguaçu, Brazil, 18-24 August, 2012. Reference number: 16930 Copyright 2012 by James Tee, Riccardo Scarpa, Dan Marsh and Graeme Guthrie. All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies. Abstract Under the New Zealand Emissions Trading Scheme, new forests planted on/after 1st January 1990 can earn carbon credits. These credits have to be repaid upon forest harvest. This paper analyses the effects of this carbon scheme on the valuation of bareland, on which radiata pine is to be planted. NPV/LEV and Real Options methods are employed, assuming stochastic timber and carbon prices. Valuation increases significantly and rotation age is likely to be lengthened. We include a scenario analysis of potential implications of rotation age lengthening on carbon stock management in New Zealand. 1 Introduction In order to meet New Zealand’s Kyoto Protocol commitments, its government passed cap-and-trade legislation, called the New Zealand Emissions Trading Scheme (NZETS), to create a carbon price and put in place incentives for businesses and consumers to change their behaviour. -
Forestry in New Zealand: the Role of Japanese Companies Introduction: Business Field
43rd Joint Meeting of the Japan New Zealand Business Council on 23 Nov. 2016 Forestry in New Zealand: The Role of Japanese Companies Introduction: Business Field Upstream Midstream Downstream 1691 1950~ 1960~ 1970~ Domestic Forestry & Wooden building Wooden building Housing-related environment business materials distribution materials manufacturing business business business Custom-built home construction & sales business Domestic forestry Domestic Remodeling, leasing, business manufacturing other housing-related Distribution of timber business business and building materials in Japan and overseas Overseas tree planting Overseas business manufacturing business Overseas housing business Overseas SUMITOMO FORESTRY CO., LTD. ALL RIGHTS RESERVED. 1 Introduction: Our Forest Company-owned forests in Japan Owned or managed overseas plantations 46,443 ha As of March 31, 2016 Approx. 230,000 ha As of June 30, 2016 Natural Plantations Other forest =500 ha =3,000 ha Hokkaido Indonesia 18,199 ha 160,000 ha Honshu 4,280 ha Papua New Guinea 31,000 ha Kyushu Shikoku 9,181 ha 14,783 ha New Zealand 36,000 ha SUMITOMO FORESTRY CO., LTD. ALL RIGHTS RESERVED. 2 General Information of NZ’s Forests 6% • Land area: 27.1M ha 24% 43% (Japan: 37.8M ha) 26% • Forest area: 10.1M ha (Japan: 25.1M ha) Pasture/arable Other (non-forest) • Forest cover: Naturan Forest Plantation Source: NZFOA (2013) / Dana (2014) 38.6% (Japan: 66.4%) • Forest owner: Public 60% Private 40% SUMITOMO FORESTRY CO., LTD. ALL RIGHTS RESERVED. 3 Plantation Forest in NZ • Almost all logs are produced from plantations。 • There were 3 plantation booms which occurred: in the 1930’s, from the late 1960’s and early 1980’s. -
Portable Sawmill - Our Guide to an Economic and Practical Approach to Forest Utilization
PORTABLE SAWMILL - OUR GUIDE TO AN ECONOMIC AND PRACTICAL APPROACH TO FOREST UTILIZATION By L.S.T. (Stan) Griffiths1 Abstract For many years the coconut palm has been to many the tree of life. Not only has it provided food and drink, but, shelter and heat. It is therefore understandable the reasons why there is some reluctance to destroy this commodity that, has served them so well, howev'er senile and unproductive. In this modern world with its rapidly diminishing lumber supplies due to indiscriminate logging, overcutting, slash and burn cultivation and the creeping sprawl of cities into rural areas where trees make way for roads and progress, it is little wonder that conservationists have taken up the cause to halt or control further diminishing of native forests. The shortage that has been created of millable timber has increased costs for building materials so alternatives have to be sought. Throughout tropical territories, an abundance of timber is available in the form of the coconut palm, that has many properties that can fill many of our lumber needs. Being a relatively new product compared with traditional timbers, new methods have to be discovered to process, market and use cocowood to its best advantage. I have attempted to put together a comprehensive paper outlining basic machinery to process coconut palm, from the standing tree to a finished product suitable for everyday needs. Cocowood Felling and Processing The felling of coconut palm stems is sometimes very difficult, as many plantations have young or producing trees in the immediate vicinity requiring care to be taken not to damage them. -
Using Portable Sawmills to Produce High Value Timber from Farm Trees in the Semi-Arid Zone
Using portable sawmills to produce high value timber from farm trees in the semi-arid zone A report for the RIRDC/ Land & Water Australia/FWPRDC/MDBC Joint Venture Agroforestry Program and the Natural Heritage Trust by P. Blackwell & M. Stewart October 2003 RIRDC Publication No 03/046 RIRDC Project No PN99.2001 © 2003 Rural Industries Research and Development Corporation. All rights reserved. ISBN 0642 58614 4 ISSN 1440-6845 Using portable sawmills to produce high value timber from farm trees in the semi-arid zone Publication No. 03/046 Project No. PN99.2001 The views expressed and the conclusions reached in this publication are those of the author and not necessarily those of persons consulted. RIRDC shall not be responsible in any way whatsoever to any person who relies in whole or in part on the contents of this report. This publication is copyright. However, RIRDC encourages wide dissemination of its research, providing the Corporation is clearly acknowledged. For any other enquiries concerning reproduction, contact the Publications Manager on phone 02 6272 3186. Researcher Contact Details Philip Blackwell Mark Stewart Forestry Campus Forestry Campus University of Melbourne University of Melbourne Creswick VIC 3363 Creswick VIC 3363 Phone: 0353214150 Phone: 0353214150 Fax:0353214135 Fax:0353214135 Email:[email protected] Email:[email protected] In submitting this report, the researchers have agreed to RIRDC publishing this material in its edited form. RIRDC Contact Details Rural Industries Research and Development Corporation Level 1, AMA House 42 Macquarie Street BARTON ACT 2600 PO Box 4776 KINGSTON ACT 2604 Phone: 02 6272 4539 Fax: 02 6272 5877 Email: [email protected] Website: http://www.rirdc.gov.au Published in October 2003 Printed on environmentally friendly paper by Canprint - ii - Foreword Australian farmers have generally embraced tree planting on their properties for environmental benefit for some time and these benefits are, more or less, well understood and accepted. -
Portable Sawmill Operators List
Portable Sawmill Operators N.C. Forest Service District 11 Alamance, Caswell, Durham, Granville, Orange, Person, Vance, and Wake Company Ansel Currin Company Steve Allred Name Name Business Phone 919-482-9119 Business Phone 336-260-1557 Mobile Phone Mobile Phone Fax Number Fax Number Address 1657 Elam Currin Rd Address 1867 Milesville Rd. City Oxford City Elon State NC State NC ZIP 27565 ZIP 27244 Email: Email: Special Special *will pick up logs 10 to 20 mile radius of Instructions: Instructions: mill site Company Lynch Co, LLC Company Carolina Custom Cut L.L.C. Name Roy Lynch Name Jay Minnich Business Phone 919-414-0565 Business Phone 919 548-2884 Mobile Phone Mobile Phone Fax Number Fax Number Address 9801 Adlie Dr Address City Wake Forest City State NC State ZIP 27588 ZIP Email: [email protected] Email: [email protected] Special Special Instructions: Instructions: Thursday, May 6, 2021 Page 1 of 4 Company Company The Sawmill Man Name Ricky Pope Name Jason Lowe Business Phone 919-638-0584 Business Phone 336 895-3098 Mobile Phone Mobile Phone Fax Number Fax Number Address 1407 John Jones Rd. Address 2021 Bell Rd City Bahama City Gibsonville State NC State NC ZIP 27503 ZIP 27249 Email: Email: [email protected] Special Special Instructions: Instructions: Company Shane’s Portable Sawmill Company Name Shane Clark Name Jim Dunbar Business Phone 336-516-8126 Business Phone 919-543-5923 Mobile Phone 336-586-0655 Mobile Phone 919-362-5731 Fax Number Fax Number Address Address 8016 Hollander Place City Burlington City Raleigh -
Interpreting Exotic Plantation Forestry in 1920S New Zealand
(RE)INTERPRETING EXOTIC PLANTATION FORESTRY IN 1920S NEW ZEALAND MICHAEL ROCHE School of People, Environment and Planning, Massey University, Private Bag 11-222, Palmerston North. [email protected] Abstract Environmental historians who have contributed to the understanding of ‘eco- nationalism’ in New Zealand and within the sub-area of forest history have shown how deforestation produced a preservationist impulse and an exotic afforestation response to timber famine. My own work, in partial contrast, has tended to explore the largely unsuccessful efforts at indigenous forest management for production in the nineteenth century as well as suggesting that the large-scale afforestation boom of the 1920s and 1930s was a departure from the anticipated direction of state efforts when the Forests Department was established in 1919. Previously I have argued that the New Zealand State Forest Service under its first director L. M. Ellis initially favoured an orthodox state forestry model anchored on sustained-yield management of indigenous forests, and only later turned to large-scale exotic plantations, in order to forestall a projected timber famine by 1965, and to buy time to enable the mechanisms for regenerating indigenous forests to be understood. This paper looks more closely at Ellis’ initial statements about the role of plantation forestry and suggests that a partial change of interpretation is needed. Keywords: state forestry, historical geography, environmental history, afforestation, New Zealand. Introduction This article grows out of some of the differences in, emphasis on, and interpretations of New Zealand’s forest history that exist in the publications of New Zealand historians and my own writing as an historical geographer working in the field typically labelled ‘environmental history’. -
References – for All Case Studies and Overview
Changing Ownership and Management of State Forest Plantations. References References – for all case studies and overview ABARE (2001). Australian Commodity Statistics 2001. Canberra. ACF (1988). The wood and the trees revisited. ACF responds to the forest industries. ACF, Hawthorn, Victoria. Acuiti Legal (2002). Tax concessions reintroduced for plantation forestry industry. www.ptaa.com.au/acuiti.html Accessed 30/04/2002. AFFA (Agriculture Fisheries and Forestry – Australia) (2002). Industry Development and Adjustment. Australia’s Unique Forests. www.affa.gov.au/ Accessed 31/07/2002 Afforestation Proprietary Limited. 1926. Timber wealth, something for all: a large return for a small investment. Afforestation Proprietary Ltd, Melbourne. 22p. Aldwell, P.H.B. 1984. Some social and economic implications of large-scale forestry in Waiapu County. Forest Research Institute, New Zealand Forest Service, Rotorua. 39p. Alexander, F. Brittle, S., Ha, A.G. Leeson, T. and Riley,C. (2000). Landcare and farm forestry: providing a basis for better resource management on Australian farms. ABARE report to the Natural Heritage Trust, Canberra. Anderson, J. (1997). Minister removes export controls on wood sourced from plantations in Western Australia. Media Release Department for Primary Industries and Energy, 22nd September 1997. Anderson, R.S. and W. Huber. 1988. The Hour of the Fox: Tropical Forests, The World Bank and Indigenous People in Central India. New Delhi: Vistaar/Sage. Anon. (2001). Gunns adds North Forest to its trees. The Australian March 20th 2001. Anon. 1996. NZ government rushes to sell forests. Green Left Weekly. URL: www.greenleft.org.au/back/1996/245/245p18.htm Accessed 28/11/2002 Anon. 1998. Job cuts decimate New Zealand forestry industry. -
Portable Sawmills Willing to Perform Custom/Contract Sawing in Ohio
OHIO STATE UNIVERSITY EXTENSION Portable Sawmills Willing to Perform Custom/Contract sawing in Ohio The portable sawmills on this list have indicated a willingness to perform custom/contract sawing in Ohio. They are listed at the companies’ request as an informational resource only, and their presence in no way constitutes a recommendation or endorsement by The Ohio State University or any cooperating agency. Neither The Ohio State University nor any such agency has reviewed or approved the work or any other aspect of the companies listed and under no circumstances shall The Ohio State University assume responsibility or liability of any kind relating in any way tothe actions or omissions of these companies or the use of the information that follows. Companies desiring to be added to this list should follow the directions at the end of this document. RESIDENT CO AREA COVERED FST LST COM ADDRESS_2 CITY ST ZIP EMAIL PHONE FAX WEBSITE SERVICES ATHENS southeast & Chris Fox Fox Natural Building 10777 Lightfritz New Marshfield OH 45766 [email protected] 740-664-3543 740-664-3543 www.foxnaturalbuilding.com We provide the opportunity for people to central Ohio Company Ridge Rd build a custom home or structure from materials harvested directly off their land or local region. Our services include horse logging, custom milling, design & construction. Also, specialize in traditional mortise & tenon timber framing and timber frame repair / reconstruction. Fully insured 10 years experience ATHENS Athens Meigs James Tookey Custom Cut 14450 Kincaid Athens OH 45701 740-590-0680, 740- On site portable milling w/Woodmizer Vinton Morgan Portable Milling - Rd 593-3836 LT40 hydraulic band sawmill. -
The New Zealand Beeches : Establishment, Growth and Management / Mark Smale, David Bergin and Greg Steward, Photography by Ian Platt
Mark Smale, David K ....,.,. and Greg ~t:~·wa11.r Photography by lan P Reproduction of material in this Bulletin for non-commercial purposes is welcomed, providing there is appropriate acknowledgment of its source. To obtain further copies of this publication, or for information about other publications, please contact: Publications Officer Private Bag 3020 Rotorua New Zealand Telephone: +64 7 343 5899 Fac.rimile: +64 7 348 0952 E-nraif. publications@scionresearch .com !Pebsite: www.scionresearch.com National Library of New Zealand Cataloguing-in-Publication data The New Zealand beeches : establishment, growth and management / Mark Smale, David Bergin and Greg Steward, Photography by Ian Platt. (New Zealand Indigenous Tree Bulletin, 1176-2632; no.6) Includes bibliographic references. 978-0-478-11018-0 1. trees. 2. Forest management-New Zealand. 3. Forests and forestry-New Zealand. 1. Smale, Mark, 1954- ll. Bergin, David, 1954- ill. Steward, Greg, 1961- IV. Series. V. New Zealand Forese Research Institute. 634.90993-dc 22 lSSN 1176-2632 ISBN 978-0-478-11038-3 ©New Zealand Forest Research Institute Limited 2012 Production Team Teresa McConcbie, Natural Talent Design - design and layout Ian Platt- photography Sarah Davies, Richard Moberly, Scion - printing and production Paul Charters - editing DISCLAIMER In producing this Bulletin reasonable care has been taAren lo mmre tbat all statements represent the best infornJation available. Ht~~vever, tbe contents of this pt1blicatio11 are not i11tended to be a substitute for s,Pecific specialist advice on at!} matter and should not be relied on for that pury~ose. NEW ZEALAND FOREST RESEARCH INSTITUTE L!JWJTED mtd its emplqyees shall not be liable on at.ry ground for a'!)l lost, damage, or liabili!J inrorred as a direct or indirect result of at!J reliance l{y a'!)l person upon informatiou contained or opinions expressed in this tvork. -
Sustainable Forest Management Developments in New Zealand Seen Through the Lens of the Montréal Process Criteria and Indicators (C&I) Framework
XIV WORLD FORESTRY CONGRESS, Durban, South Africa, 7-11 September 2015 Sustainable Forest Management Developments in New Zealand seen through the lens of the Montréal Process Criteria and Indicators (C&I) framework Tim Payn*1, Tim Barnard1, Steven Cox2, Liam Millard1, John Novis2, Alan Reid2 1 [email protected]; Scion (New Zealand Forest Research Institute), Rotorua, New Zealand 2 Ministry for Primary Industries, Wellington, New Zealand Abstract New Zealand has recently completed its third national „state of the forests‟ report using the framework of the Montréal Process Criteria and Indicators. These reports (2003, 2008, and 2015) give a very valuable picture of the forestry environment over a period when much change occurred. This paper presents some of the key changes in Sustainable Forest Management in New Zealand over that period in the context of global and national drivers such as international climate change initiatives and the global economic environment, changes in national policies, and a greater market need for information on forestry‟s social license to operate. The value and utility of C&I frameworks for monitoring assessment and reporting of forest information and the effectiveness of the C&I as a communication tool is presented with examples of tools developed to both communicate data and facilitate dialogue. New developments using the C&I framework for „futures analysis‟ is also presented and discussed. Overall, C&I have proved to be a very significant foundation in providing a common language for dialogue around the meaning of sustainable forest management. They have contributed to a range of forest related activities in New Zealand including structuring and focussing research programmes, organising Forest Company monitoring programmes in support of third party certification, teaching SFM, and providing a national picture of the state of New Zealand‟s forests over time. -
(Agathis Australis (D.Don) Lindl.) in Planted Forests Gregory a Steward1*, Mark O Kimberley1, Euan G Mason2 and Heidi S Dungey1
Steward et al. New Zealand Journal of Forestry Science 2014, 44:27 http://www.nzjforestryscience.com/content/44/1/27 RESEARCH ARTICLE Open Access Growth and productivity of New Zealand kauri (Agathis australis (D.Don) Lindl.) in planted forests Gregory A Steward1*, Mark O Kimberley1, Euan G Mason2 and Heidi S Dungey1 Abstract Background: The establishment of even-aged planted stands of New Zealand kauri (Agathis australis (D.Don) Lindl.) for timber has been constrained by a lack of quantitative information on productivity and rotation length on which forest management and investment decisions could be made. Methods: Stand-level models of height and basal area against time were developed (as well as a stand-volume function to calculate volume from height and basal area) based on planted stands that were up to 83-years old and represented planting sites both within and outside the current natural range of the species. Results: Planted kauri was shown to be slow to establish with little height growth for the first five years after planting. Similar trends were observed for basal area and whole-tree volume development. A Schumacher equation with local slope parameter and asymptote bounded at 45 m gave the best fit for height, while a von Bertalanffy-Richards equation in difference form with local slope parameter gave the best fit for basal area. For plantations with an average site index (20.4), height was predicted to be 22.3 m in height at age 60, with a basal area of 78.1 m2 ha−1. Whole-tree volume was predicted to be 702 m3 ha−1. -
Farm Mechanics
Farm Mechanics MACHINERY AND ITS USE TO SAVE HAND LABOUR ON THE FARM Including Tools, Shop Work, Driving and Driven Machines, Farm Waterworks, Care and Repair of Farm Implements By HERBERT A. SHEARER AGRICULTURIST Author of “Farm Buildings with Plans and Descriptions” ILLUSTRATED WITH THREE HUNDRED ORIGINAL DRAWINGS CHICAGO FREDERICK J. DRAKE & CO. Publishers Copyright 1918 By Frederick J. Drake & Co. Chicago PREFACE More mechanical knowledge is required on the farm than in any other line of business. If a farmer is not mechanically inclined, he is under the necessity of employing someone who is. Some farms are supplied with a great many handy contrivances to save labour. Farmers differ a great deal in this respect. Some are natural mechanics, some learn how to buy and how to operate the best farm machinery, while others are still living in the past. Some farmers who make the least pretensions have the best machinery and implements. They may not be good mechanics, but they have an eye to the value of labour saving tools. The object of this book is to emphasize the importance of mechanics in modern farming; to fit scores of quick- acting machines into the daily routine of farm work and thereby lift heavy loads from the shoulders of men and women; to increase the output at less cost of hand labour and to improve the soil while producing more abundantly than ever before; to suggest the use of suitable machines to manufacture high-priced nutritious human foods from cheap farm by-products. Illustrations are used to explain principles rather than to recommend any particular type or pattern of machine.