IT’S OFFICIAL: Forests make way for dairying
19 Apr 2013

Government figures have confirmed what the carbon market has known for months – forests are being cleared and converted to dairy farms on the back of rock-bottom carbon prices.
In January, Carbon News reported that hundreds of thousands of hectares of pre-1990 plantation forest could be cleared or converted to post-1989 forest because the carbon obligation associated with clearance had fallen from $20,000 a hectare two years ago to $200 a hectare today.
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Story copyright © Carbon News 2013