|Forest Investment Account (FIA) - Land Base Investment Program - Innovative|
|FIA Project 9077001|
|Economic Operability Assessment and Priority Classification in MPB Impacted Areas in the Quesnel Timber Supply Area. Ver 1.1, March 2010|
|Project lead: Phil Winkle (C & C Wood Products Ltd.)|
|Author: Armstrong, Jonathan|
|Subject: Forest Investment Account (FIA), British Columbia|
|Series: Forest Investment Account (FIA) - Land Base Investment Program - Innovative|
|Operability, in the strategic timber supply context, refers to a classification of the land base as either suitable or not suitable for timber extraction. Suitability for timber extraction is influenced by the physical characteristics of the land, social and environmental concerns, and the potential economic return generated contrasted with the costs incurred during all phases of production. Economic operability can be a difficult element to quantify.|
The report presents the results of Phase II of an economic operability analysis, conducted for the Quesnel TSA. The approach taken with this analysis was to define the factors that are important drivers of the economics in the Quesnel TSA, develop reasonable estimates of those factors at a stand level, evaluate the results, and investigate areas of uncertainty via scenario analysis. Economic operability and the changes in economic return, will be used to assist in developing salvage strategies and harvest priorities in the Quesnel TSA.
Phase II of this project incorporated revised estimates for stand structure, mountain pine beetle attack, road locations, shelf life, product yield and value and product pricing. The results of Phase II are presented in this report along with a comparison with the Phase I basecase.
Final report (2.6Mb)
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Updated August 16, 2010
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