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Broadleaf forestry value

  • 05-12-2024 10:19AM
    #1
    Registered Users, Registered Users 2 Posts: 2,302
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    A neighbour is talking of now selling about 10 acres goodish land he planted with mainly oak about 5 years ago. Am I right in saying that it has no realisable value in the next 100 years?

    What if anything would be the value of such land barring any amenity use in 30 plus years?

    Of course there's the remaining 10 years premiums, but that's just similar to buying an annuity.



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Comments

  • Moderators, Society & Culture Moderators Posts: 12,843 blue5000
    Mod ✭✭✭✭


    I hate to say it but it's basically worth the 10 years of premium that's left. Might be worth a bit more to you if it's beside you, or if you want to take a gamble on future possible carbon credits.

    What else is in it besides the oak?

    If the seat's wet, sit on yer hat, a cool head is better than a wet ar5e.



  • Registered Users, Registered Users 2 Posts: 2,302 Castlekeeper
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    That's what I was thinking alright. There's alder, birch and hazel on the fringes and awkward spots.

    It's close by but not boundsing, so apart from someone taking a punt for their grandchildren, it's for the birds!



  • Registered Users, Registered Users 2 Posts: 9,755 893bet
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    it’s a sad state of affairs really that it’s worthless.



  • Registered Users, Registered Users 2 Posts: 170 Ak84
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    Just on the carbon credits comment.

    We have forestry planted in the last 1/2/3 years.

    Apparently we were eligible for some carbon credit scheme as it is newly planted. But looking into it, there would be restrictions on how you manage the forest.

    The payments seemed quite good, but it would just be a case of some polluter buying the credits so they can carry on polluting. That's my understanding of it all anyway.



  • Registered Users, Registered Users 2 Posts: 2,302 Castlekeeper
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    I was under the impression that with any grant aided forestry, the carbon credits are appropriated by the government, or the national inventory.

    I'm no expert though.



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  • Registered Users, Registered Users 2 Posts: 272 Accidentally
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  • Registered Users, Registered Users 2 Posts: 3,270 Good loser
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    As the plantation is under 5 years all grants and premiums could be repaid and the land reverted to agrl use afaik.



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