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CAPITAL IDEAS -- LIVE!

OCTOBER 2008 News Conference for Forest Owners
Sponsored by the Alabama Forest Owners' Association, Inc.
This Conference was recorded on OCTOBER 15, 2008.

CLICK HERE
to Listen to the
Conference.
This conference is in .mp3 format, which is compatible with Windows Media Player and most other media devices.

Hayes D. Brown   Alabama Forest Owners' Association

Hayes D. Brown

starting time: (00:00)

Moderator

Hayes D. Brown, attorney and forest owner, will moderate this news conference. Hayes' email address is hbrown@hayesbrown.com.

Click Here to View & Hear Prior News Conferences.

 

Rosemary Elebash

(00:28)
Hear Conference

Make a Difference: Vote on November 4

Rosemary Elebash is the Alabama State Director of the National Federation of Independent Business. She recently reminded her 12,000 members of 4 important deadlines/dates and we thought you might benefit if she told you about them and why it's important for business owners and forest owners to study the issues and make choices on November 4. John McCain & Barack Obama aren't the only choices on the November ballot.

Phone: (334) 264-2261
Email: rosemary.elebash@nfib.org

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Dr. Mark Thornton

(03:31)
Hear Conference

Sound Fiscal Policy: Personal & Public

Mark Thornton is Senior Fellow at the Ludwig von Mises Institute headquartered in Auburn, Alabama. The Mises Institute "defends the market economy, private property, sound money, and peaceful international relations, while opposing government intervention as economically and socially destructive." Based on that portion of the Institute's mission statement, we suspect Mark and his fellow libertarians have been suffering from severe heartburn lately. Mark may not separate out forest owners for special advice, but as investors in land and timber, there may be some useful advice hiding between the lines in his essays and in the Mises philosophy.

Phone: (334) 321-2100
Email: mthornton@mises.org

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Dr. Anthony C. Drake, DVM

(07:47)
Hear Conference

Selling Carbon Offsets

Tony Drake and wife Janie own land in several south Alabama counties. Tony called AFOA a few weeks ago and reported that he had sold $14,000 of carbon credits on the Chicago Climate Exchange and thought our members would like to know how he did it. He is actively assisting the Alabama Treasure Forest Association and AgraGate (a carbon aggregator and subsidiary of the Iowa Farm Bureau) in helping forest owners apply for and sell carbon credits on their land. We asked Tony to tell us all about selling carbon, the pros and the cons, and how to apply.
     With both candidates for U.S. President claiming they will support Cap and Trade Legislation, a growing carbon market in the U.S. seems a sure thing. Whether global warming exists, or whether it is being caused by humans, is fast becoming irrelevant.

Phone: (334) 850-8412
Email: tonydrake@hughes.net

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Dr. Tom Gallagher

(12:11)
Hear Conference

Bio Mass Harvesting Research

Tom Gallagher is Assistant Professor, Forest Operations, at Auburn University's School of Forestry & Wildlife Sciences. In 2007 Tom and co-author Dana Mitchell published a paper in the Southern Journal of Applied Forestry entitled, Chipping whole trees for fuel chips: a production study. Tom has acquired several pieces of small scale harvesting equipment (see photos below) and is studying the economics of harvesting biomass. He firmly believes that biomass harvesting will play an important role in the forest industry of the near future. We can see that a market for and the ability to economically remove low quality small trees (such as pulpwood or biomass) from crowded stands will help forest owners grow bigger higher quality trees such as sawtimber and poles.

Small Scale Harvesting Equipment

Phone: (334) 844-1095
Email: gallatv@auburn.edu

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Dr. Ben Hoffman

(15:17)
Hear Conference

Adapting the Farm Tractor for Logging

Ben Hoffman "is a forester with 28 years experience in state, federal, and private (including two years as a private logging contractor) forestry and 17 years in academia." Independent Sawmill and Woodlot Management magazine recently published an article by Ben entitled, The Farm Tractor. He cautions us throughout the article (with words and diagrams) to understand the design of farm tractors and how easy it is to tip them over. He urges tractor owners to install rollover protection and other add-ons for woods work. Finally he advises that an old two-wheel drive with chains might do almost as much work as a new, more expensive 4-wheel drive.

Related links:

Phone: (207) 327-1064
Email: bennmeh@maine.edu

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Dr. Tamara L. Cushing

(17:55)
Hear Conference

$25,000 Write-off for SUV - More for Pickups

Tammy Cushing is Assistant Professor of Forest Management and Economics at the University of Kentucky's Department of Forestry. Last month we read in the Progressive Farmer magazine: "Write-offs for company vehicles are very high right now. For example, if you have a new SUV with a loaded weight over 6,000 pounds, $25,000 of the cost can be expensed the first year."  We immediately thought, "With pickup trucks selling at big mark-downs and the IRS offering a big write-off, maybe it's time to get that woods truck my wife has been wanting me to buy." Write-offs for pickups are bigger than $25,000! Dr. Cushing will explain how much and how it's done.

Depreciation & Section 179 Election at Timber Tax Website

Phone: (859) 257-2149
Email: tamara.cushing@uky.edu

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Dr. Robert A. Tufts

(20:48)
Hear Conference

Old Cemeteries & Obligations

Robert Tufts is an Attorney and Associate Professor in the School of Forestry and Wildlife Sciences at Auburn University. We frequently go to Robert for legal advice and when we saw an article in Progressive Farmer (link updated 8/10/09) magazine about the obligations of a landowner to an old gravesite on his property, we called him to see if he would tell us what a landowner can and can't do. According to the Progressive Farmer article, ôRelatives of a family member buried in a cemetery plot have the following rights: the right of visitation, the right to decorate the grave and the right to protect it from desecration. If the cemetery is on privately owned land, these rights nevertheless exist for the family, and the owners of the land have a legal obligation to provide some sort of reasonable access to the gravesites." 

Phone: (334) 844-1011
Email: tuftsra@auburn.edu

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David P. Tenny

(24:30)
Hear Conference

What is NAFO?

Dave Tenny is President and CEO of the brand new National Alliance of Forest Owners (NAFO) based in Washington, DC. We asked a forestry friend what NAFO was and she said, "It's that new organization formed by the TIMOs and REITs." But when we checked NAFO's website, we noticed that other organizations had become members, such as Forest Landowners Association, Alabama Forestry Association, Association of Consulting Foresters and others. NAFO's mission statement says: The National Alliance of Forest Owners will protect and enhance the economic and environmental values of privately-owned forests through targeted policy advocacy at the national level. Tenny wants our national leaders to learn of the "importance of the working forest as an essential part of our national infrastructure." We look forward to learning more from CEO Dave Tenny, today, and as the Alliance develops.

Phone: (202) 367-1163
Email: dtenny@nafoalliance.org

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