Table 3. Present value of damage to commercial forestry operations in New Zealand due to the spread of Thaumetopoea pityocampa over 30 years.
Spread Scenario | Present value of impacts (NZ$M) | Present Value of treatment costs (NZ$M) | Present value of impacts and control costs (NZ$M) | ||||||
5% | Median | 95% | 5% | Median | 95% | 5% | Median | 95% | |
No control | 1550 | 2098 | 2560 | – | – | – | 1550 | 2098 | 2560 |
Little control | 884 | 1441 | 1920 | 132 | 215 | 287 | 1016 | 1657 | 2207 |
Good control | 27 | 58 | 113 | 4 | 9 | 17 | 31 | 67 | 129 |
Values are discounted at 7% and accumulated over the 30 year period. 5%, median and 95% are results for different quantiles in the stochastic spread simulations.