Pre-1990 credits near 10 million mark
7 Oct 2011
Nearly 10 million carbon credits have been issued for pre-1990 forests, latest Ministry of Agriculture and Forestry figures show.
Forests planted before 1990 do not qualify for annual carbon credits, but owners have until the end of next month to apply for a share of a package of 42 million NZUs in recognition of the carbon stored in their trees.
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Story copyright © Carbon News 2011
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