ETS will cut environmental lifeline
14 May 2008
The Government's proposed Emissions Trading Scheme is in danger of cutting New Zealand's environmental lifeline - its forests and wood products - according to Dave Anderson, chairman of the industry body, the Wood Processors' Association, which presented to the Finance and Expenditure Select Committee.
In a world becoming increasingly carbon constrained the last thing we would want to do is reduce our capability to grow trees and process wood. Trees, after our oceans, are the single greatest absorbers of CO2, which is then stored in wood products, sometimes for centuries.
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