Govt expects $7b windfall from new forestry rules
11 Sep 2019
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THE MOVE to new forestry carbon accounting rules will earn the Government $7 billion over the next 30 years.
Off that, however, will come $1.35 billion in revenue that would have been generated under the old rules and $52 million in extra administration costs, leaving the Crown $5.6 billion better off by the middle of the century.
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Story copyright © Carbon News 2019