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

 


Forest Owners Welcome Labour’s Climate Initiatives

Forest Owners Welcome Labour’s Climate Initiatives

Labour’s proposal to set up an independent Climate Commission to advise the government on how to meet its emissions targets has been welcomed by the Forest Owners Association.

“It will reduce the likelihood of governments tinkering in the ETS. This, together with clear price signals for carbon, will enable businesses and land owners to adopt low-carbon strategies with a much higher level of confidence,” says FOA environment committee chair Peter Weir.

“Ever since climate change arrived on the agenda, we have been asking the major political parties to stop playing politics with carbon emissions and pricing. The most recent ETS change undermined investment in forestry with an overnight, unannounced, change that prevented Kyoto forest owners from using international units to settle their emissions obligations. Forest owners were the only emitters to be singled out in this way, contradicting assurances made by the government only six months before.

“The government has agreed to reconsider that change, but we are still waiting to hear if they will work with us on a mutually beneficial solution.”

Mr Weir says moving New Zealand to a low-carbon economy has huge benefits, quite apart from the message it sends to the world about Kiwis playing their part in addressing the global problem of climate change.

“Crown Research Institute Scion says there are around half million hectares of marginal farmland that would be better off in forestry for a whole host of environmental and economic reasons. Among them, cleaner rivers, less soil erosion, more biodiversity protection and greater long-term surety of log supply to major wood processors.

“But at current land prices, it is not economic to develop this land for forestry based on log prices alone.”

Mr Weir points out that the prevailing low carbon price has devastated the tree nursery sector. Nurseries scaled up production when new land planting took off in response to an initial carbon price approaching $20 a tonne, only to have to mulch in seedlings when the government allowed the carbon price to fall back to 12 cents a tonne.

“A realistic price for carbon and an independent Climate Commission to keep the policies of successive governments on track, would – in combination with Labour’s proposed “Wood-First” construction policy – encourage both new planting and replanting to the benefit of the economy and the environment,” he says.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

PGPs: New Programme Sets Sights On Strong Wool

A new collaboration between The New Zealand Merino Company (NZM) and the Ministry for Primary Industries (MPI), announced today, aims to deliver premiums for New Zealand's strong wool sector... More>>

ALSO:

Restrictions Lifted: No Further Tau Flies Found

The Ministry for Primary Industries (MPI) confirms that all restrictions on the movement of fruit and vegetables in Manurewa, Auckland, due to the Tau fly, have been lifted as of 2.26pm on Sunday 7 February. More>>

Crowdfinding: Awaroa Beach To Become Public Land If Appeal Succeeds

Conservation Minister Maggie Barry says a privately-owned beach will become part of the Abel Tasman National Park if an online crowdfunding campaign to buy it succeeds... More>>

ALSO:

Meat Workers Union: Waitangi Mondayisation Flaunted By Large Employer Of Maori

At the AFFCO Talley owned meat plant in Rangiuru, the company has resorted to bullying and threats... saying they could be disciplined and their union sued for an unlawful strike if workers exercise their rights to a paid day off tomorrow. More>>

Earlier:

ETS Review: Modelling Documents Released

Three technical documents are being released to help New Zealanders engage with the Emissions Trading Scheme (ETS) review, Climate Change Minister Paula Bennett says. More>>

ALSO:

Northland: Govt Plan Targets Transport, Web, Maori Assets

The government has released a 10-year plan to attract investors and lift economic growth in Northland, a region that perennially underperforms the rest of the country even while being endowed with natural beauty, productive land, minerals, a potential workforce, scope for manufacturing, forestry and aquaculture, and proximity to Auckland. More>>

ALSO:

Statistics: Unemployment Rate Falls To 5.3 Percent

The unemployment rate fell to 5.3 percent in the December 2015 quarter (from 6.0 percent), Statistics New Zealand said today. This is the lowest unemployment rate since March 2009. There were 16,000 fewer people unemployed than in the September ... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news