Taxpayers could be left holding carbon bill
26 Jul 2018
OWNERS of post-1989 forests due for harvest might be tempted to arbitrage carbon credits, leaving taxpayers with the bill and driving liquidity out of the carbon market.
Spot NZUs are currently sitting just below the Government’s $25 price cap, and are well short of the $200 the Productivity Commission says is needed to drive decarbonisation of the economy.
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Story copyright © Carbon News 2018
Council delays forestry plan as national rules remain unclear
21 May 2025
Tairāwhiti’s forestry reforms are facing fresh delays, with Gisborne District Council now tying its plan changes to national direction that remains uncertain.
Farming lobby attacks ‘loopholes’ in carbon forestry limits
7 May 2025
Beef + Lamb New Zealand is urging the government to close what it says are loopholes in new guidance around limits on carbon forestry.
Govt on track to ban farm-to-forest conversions - McClay
2 May 2025
Agriculture and Forestry Minister Todd McClay has confirmed that restrictions on full farm-to-forest conversions on LUC 1-6 farmland will be in place this year.
Commissioner calls for urgent reform of carbon forestry in ETS
10 Apr 2025
The Parliamentary Commissioner for the Environment is calling on the Government to remove forestry from the New Zealand Emissions Trading Scheme, warning that the country’s flagship climate policy is entrenching risky land use decisions and undermining long-term emissions reductions.
'Don't tinker with the ETS': forestry groups
10 Apr 2025
Foresters have hit back against the Parliamentary Commissioner for the Environment’s call to remove forestry from the Emissions Trading Scheme, saying the move would threaten New Zealand’s climate goals.
East Coast advocates join calls to take forestry out of the ETS
10 Apr 2025
Sustainable land-use advocates in Tairāwhiti are demanding immediate government action on the Environment Commissioner's recommendation to phase forestry out of the Emissions Trading Scheme.
Experts back scepticism about carbon forestry
10 Apr 2025
Experts from around the country agree that the Environment Commissioner's 'Alt-F Reset' report is "incredibly timely" as the world faces unprecedented climate change.
Govt plan for forestry on Crown land raises questions for the Emissions Trading Scheme
4 Apr 2025
By Liz Kivi | The government’s latest plan for carbon forestry includes a large chunk of planting on Crown land, with 155,000 hectares of exotic forestry projected to enter the Emissions Trading Scheme by 2042.
Govt releases detail on ETS forestry restrictions
28 Mar 2025
The government has released more detail on new restrictions for farm conversions to exotic forestry in the Emissions Trading Scheme (ETS), which foresters say will prevent another planting boom.
Carbon credit deal to provide windfall for Maori landowners
21 Mar 2025
By Moana Ellis, Local Democracy Reporting | An isolated Maori Land Trust in the central North Island has sealed a groundbreaking carbon credit deal, securing millions for its 4000 owners and tens of thousands of beneficiaries.
