ETS: Forest owners say deal is unjust
27 Nov 2009
Forest owners say pre-1990 forests are likely to be worth next to nothing because of the ETS. Owners have been landed with the massive liabilities of being part of the scheme, but cant earn carbon credits.
"Compensating iwi by giving them access to DOC land to plant forests for carbon and wood recognises this fact, but iwi are the only ones getting this special compensation," said Forest Owners' Association president Peter Berg.
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