Report underestimates benefits of increased forestry planting, say forest owners
27 Jun 2008
A recent report from the NZ Business Council for Sustainable Development grossly underestimates the potential benefits generated by the forestry sector under the proposed emissions trading scheme, says the forest owners’ association (NZFOA), because the report does not factor in the ongoing and increasing ability of newly-planted forests to sequester carbon.
NZFOA climate change spokesperson Peter Clark says that while the report, which looked at the potential positive effects of entering into an ETS sooner rather than later, was correct in identifying the ETS potential of forest biofuel and biochar, the effect of lifting planting levels to 20,000 ha/year would be even more positive than that identified in the report.
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Story copyright © Carbon News 2008
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