Promises, promises ... but what are the costs, asks forester
19 Sep 2008

The “Cassandra of carbon trading” says that the ETS-era is characterised with promises of rewards, yet riddled with unknown costs to achieve them.
Steve Wilton, managing director of Masterton-based Forest Enterprises, with 20,000ha under management in Wairarapa and Hawke’s Bay, is telling his nearly 7000 investors that carbon credits show signs of being too expensive to access – and therefore too dangerous for foresters to sell.
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Story copyright © Carbon News 2008