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Worried forest owners urge Key to act

Friday 28 Sep 12 10:00am

The heads of eight major forestry companies have asked the Prime Minister to intervene directly over the flow of cheap foreign carbon credits into New Zealand.

In an open letter to John Key, the eight chief executives and owners – who between them control 70 per cent of post-1989 forests – implore the Prime Minister “go back to the drawing board and align the Emissions Trading Scheme with those of New Zealand’s trading partners”.

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