New Zealand’s new carbon forestry charge expected to discourage new projects: experts
October 6, 2023 Comments Off
New Zealand government’s move to levy an annual charge on forestry projects registered within the emissions trading scheme to recover administrative costs will discourage new exotic tree-based projects and make some of the biodiverse native tree-based projects unviable, industry experts said. The government on Sept. 21 said that it would levy an annual charge of NZ$30.25/hectare ($18.05/mtCO2e) on forest land…
New Zealand’s new carbon forestry charge expected to discourage new projects: experts
New Zealand government’s move to levy an annual charge on forestry projects registered within the emissions trading scheme to recover administrative costs will discourage new exotic tree-based projects and make some of the biodiverse native tree-based projects unviable, industry experts said. The government on Sept. 21 said that it would levy an annual charge of NZ$30.25/hectare ($18.05/mtCO2e) on forest land…
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