Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Forest owners: The ETS is on life support

Forest owners: The ETS is on life support

New Zealand has met its Kyoto obligations by a whisker, but it has little to do with the ETS, say forest owners.

“From 2008 to 2012 the country’s 25 per cent increase in carbon emissions was masked by carbon stored in forests planted in the 1990s. As these trees are harvested, forestry will move from being a carbon sink to being a carbon source,” says Forest Owners Association chief executive David Rhodes.

“At that point New Zealand’s environmental credentials will be delivered a double whammy. Our steady increases in gross emissions will no longer be masked by forestry and indeed, forestry emissions will add to the negative ledger.”

Mr Rhodes says the government is portraying the ETS as a success because the Crown had a surplus of credits at the end of 2012. But that has little or nothing to with the ETS. It’s all due to a boom in forest planting in the 1990s. Since then we have moved to net deforestation, a trend that appears to be gathering pace.”

In its report to the United Nations Climate Change Convention in December last year, the government predicted the line from carbon sink to carbon source would be crossed in 2017.

“With large areas of harvested forest lying fallow and tree nurseries reporting falling demand for seedlings, Mr Rhodes says this line could be crossed much earlier than this. It may have occurred already.

“New Zealand has escaped by a whisker. The Kyoto reporting years from 2008-2012 portray the ETS in a good light, so long as you don’t look too closely.

“Our ETS is like a patient on life support. It’s meant to be a vibrant and alive, encouraging good behaviour like planting trees and discouraging excessive emissions, but it’s not achieving anything.

“If the government truly believes the planting of new forests is a good thing for New Zealand – as it has said so many times – it needs to provide forest owners with an income stream from carbon. A good example is California which this week issued its first carbon credits to a forest owner.

“Forest offset credits there are selling for $US10 a ton. In New Zealand, a forest owner would struggle to get more than $NZ3 a tonne.”

[ends]

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Post Cab Presser: Inquiries And Consciences

This afternoon the Prime Minister John Key announced that his cabinet had drafted terms of reference for the Havelock North water contamination inquiry... In response to questions on the Shop Trading Hours Amendment Bill, the Prime Minister said he didn't think allowing National MPs a conscience vote was warranted. More>>

ALSO:

Statistics, Homelessness, Privacy: Auckland City Mission Data Joins Govt Research Database

For the first time, data from an agency outside government, Auckland City Mission, will be included in Statistics New Zealand’s vault of information for researchers. Data from the Auckland City Mission is going into the “Integrated Data Infrastructure” or IDI. More>>

Gordon Campbell: On The Waning Fever For The Olympics

According to the spin merchants and others with an interest in whipping up an audience, these have been our most successful Olympics ever. Huzzah! Yet given that the public spent more money to send our biggest team… you could say our haul in Rio cost more per medal and fewer were earned per athlete than ever before. More>>

ALSO:

Prisons: Corrections Relocates Offender From Maungaraki

The relocation of this offender became necessary as our service provider’s staff had became increasingly uncomfortable with the community’s reaction to their presence. Because of this, the service provider regrettably terminated its contract early. More>>

ALSO:

The Nation: Lisa Owen Interviews Lawrence Yule & Mike Joy

Yule concedes council could have done better job of alerting public… Massey University’s Mike Joy says central government has been “out of the room” when it comes to dealing with dairy intensification and the potential impact on nation’s water quality. More>>

ALSO:

Gordon Campbell: On Chinese Steel Dumping, And The 60s Revival

Guess who isn’t taking any visible action to ensure New Zealand isn’t damaged by China dumping its state-subsidized steel glut cheaply here? More>>

ALSO:

Vietnam:

Rangiriri Pa: Historic Pa And Redoubt Returned To Waikato-Tainui

The historic site of one of the largest battles of the New Zealand Wars has been returned to iwi ownership as part of the 10th anniversary Koroneihana celebrations for Kiingi Tuheitia. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news