Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Council Welcomes Deforestation Policy Change

Media Release
21/12/05

Council Welcomes Deforestation Policy Change

The Southern Wood Council is delighted that the Minister of Forestry Jim Anderton is asking officials to explore measures to address the issues of green house gas emissions arising from deforestation, council spokesman Phil Taylor said today.

“This is the best Xmas present the industry could wish for.”

In recent years there has been a very rapid drop off in new planting in the region which had been through a planting boom in the 1990’s. This planting boom saw many thousands of hectares of Kyoto forest being established by forestry companies and private landholders alike.

Phil Taylor says the recently commissioned Peter Sligh Consulting Ltd study showed that despite heavy on-processing of timber in the region, the industry provides more climate change benefits than impacts. In effect, the carbon captured from the atmosphere and stored in the forest significantly outweighs emissions from forest operations or processing activities.

“If you weigh the emissions from forestry activities with the carbon caught up in the plantations, the forestry industry absorbs carbon to the tune of 13 to 1 over the first Kyoto commitment period,” Mr Taylor says.

The current credit system, coupled with weak timber markets, meant that few companies were prepared to replant. Given the economic conditions present the industry faced, and the nationalisation of carbon credits, harvesting has been outstripping replanting.

“As a result the country was facing an environmental as well as economic catastrophe.”

“We are delighted that Mr Anderton has recognized the importance of forests to the nation and to the environment and the council is heartened by the Ministers short timeframes for response on this issue.”

Mr Taylor says what is particularly pleasing is that Mr Anderton is promoting what we have been saying for decades that forests provide the country with a multitude of economic as well as social and environmental benefits by identifying additional benefits to carbon sequestration such as protection from adverse weather events and reduced nitrification of waterways

Mr Taylor said forestry had made a significant economic contribution to the southern region over the years. A recent Economic Impact Assessment found the industry directly employs in excess of 2,400 full time equivalent workers, and generated $264 million in real GDP for 2003.

- Further information on the region’s forestry industry and the Southern Wood Council can be found on www.southernwoodcouncil.co.nz

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>