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.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Australia Deportations: English Relaxed On Immigration Centre Conditions

Labour's Annette King: “There have been numerous reports from inside these detention centres on just how bad conditions are... If they were being held in any other foreign jail, I imagine Mr English would be somewhat concerned. More>>


Schools: Achievement-Based Funding Would Be A Disaster

The Education Minister’s speech to the PPTA Conference raising the spectre of achievement data driving a new funding system would be disastrous, says NZEI Te Riu Roa. More>>

  • Video Out-Link - PPTA Annual Conference 2015 on Livestream (Q+A dicussion suggests funding would be directed to less successful schools.)

  • ALSO:

    ECE Report:

    Key In NY: Prime Minister Addresses United Nations

    Prime Minister John Key has addressed the United Nations General Assembly in New York, focusing on a call for action in Syria and on other conflicts, reform of the veto process and on the UN’s Sustainable Development Goals. More>>.


    Gordon Campbell: On The Lack Of Accountability Over Philip Smith

    In New Zealand, accountability is an exotic creature rarely glimpsed at ministerial level, or among senior management. The flight to Rio by the paedophile /murderer Philip John Smith/Traynor is no exception. More>>


    More On Corrections

    Gordon Campbell: On Putin’s Diplomatic Coup Over Syria

    There’s a simple historical precedent for what is occurring in Syria. During WWII, the Allies joined forces with a known butcher and tyrant – Joseph Stalin of the Soviet Union – in order to defeat a greater evil, Nazi Germany… More>>


    Key 'Didn't Know': Brownlee Seeks Pandas In China

    While Defence Minister Gerry Brownlee is in China pushing a taxpayer funded deal to bring two pandas to New Zealand, the country’s military look set to be hit with a pay freeze, Opposition Leader Andrew Little says. More>>


    Scoop Business: GCSB Willing To Extend Cyber-Attack Programme To Local ISPs

    The Government Communications Security Bureau’s ‘Cortex’ cyber-security programme has been successful in helping identify and mitigate a series of cyber attacks since its introduction and an extension to cover local internet service providers is still on the cards... More>>


    Get More From Scoop



    Search Scoop  
    Powered by Vodafone
    NZ independent news