EXCLUSIVE: Government to plead for forest off-setting option
17 Mar 2008
The Government will plead with its Kyoto Protocol partners to introduce forest offsetting to the rules covering the second commitment period from 2012 to 2025, but its chances of success are remote, a well-placed source has told Carbon News.
Negotiations on changes to the protocol are under way and are expected to be finalised by the end of 2009, but New Zealand’s will probably be the only voice calling for pre-1990 forests to be allowed to be cleared at no carbon cost provided a similar amount of new forest is planted elsewhere.
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