Posts tagged "ETS"

NZ Emissions Trading Scheme simplified

[10 January/NZ Herald] Following public consultation in August and September, the first of two planned tranches of improvements to the New Zealand Emissions Trading Scheme (ETS) have been announced. The improvements seek to provide more certainty to scheme participants and create a more effective and fairer ETS. Key announcements were viewed as improvements making the...

Govt to cap units, bring permanent forestry into ETS

[12 December/NZ Herald] The Coalition Government has announced a raft of changes to the ETS as it strengthens the scheme to utilise it as the country’s main tool to battle climate change.  The changes including putting a cap on the Emissions Trading Scheme (ETS), limiting the number of units that can be traded, and incorporating...

Forest rule puts the cart first

[2 April/Farmers Weekly] Neil Walker, a Taranaki farmer, hoped proposed changes would add clarity to the eligibility rules for forests joining the Emissions Trading Scheme. Confusion over criteria made it not only difficult to set aside land as ETS carbon sinks, but deprived owners of poor performing, inaccessible land of a valuable source of income....

NZ softwood log exports hit new record, raising ire of processors

[12 January/National Business Review] Data from Statistics New Zealand shows that New Zealand log exports hit a new record last year, with softwood log exports amounting to $2.41 billion in the 11 months to November 2017, higher than previously recorded for any full calendar year.  The figures are a concern to local manufacturers how have...

ETS review could reduce forest planting while foresters wait for certainty

[28 July/ Stuff] Forest owners and wood processors think uncertainty in the Emissions Trading Scheme (ETS) may reduce forest planting when it needs to increase. Wood Council Chairman Brian Stanley said the important role of the plantation forest industry in locking up atmospheric carbon needs more certainty. Parliamentary Commissioner for the Environment Jan Wright has...