27 July 2017
Forest owners and wood processors say they appreciate the government needs to fine tune the Emissions Trading Scheme, but they believe present uncertainty in the ETS might lead to a reduction in forest planting, just when it needs to increase.
The Chair of the pan industry organisation WoodCo, Brian Stanley, says the call today from the Parliamentary Commissioner for the Environment for a Climate Change Commission, if accepted, should produce enough muscle to get New Zealand to meet its greenhouse gas reduction targets.
But Brian Stanley says the crucial role of the plantation forest industry in locking up atmospheric carbon needs more certainty in the ETS. read more...
