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Abatement Cost of GHG Emissions for Wood-Based Electricity and Ethanol at Production and Consumption Levels

Figure 2

Distribution of land expectation values (LEVs) and opportunity costs (OCs).

Opportunity cost is calculated by subtracting land expectation value at a given harvest age from the land expectation value at the optimal rotation age. The land expectation value is highest at the optimal rotation age.

Figure 2