Woody biomass is the largest source of renewable energy in Europe and the expected increase in demand for wood was the stimulus for writing this paper. We discuss the economic effects of biophysical capacity limits in forest yield from a partial equilibrium perspective. Opportunities to increase...

A tax-fund system has been proposed to advance Swedish forest conservation. We present a choice experiment with Swedish private forest owners on preferences for attributes of a tax-fund system. Focusing on three aspects: (i) freedom to choose set-asides, (ii) equity issues, and (iii) frequency...