Forestry Should Be Phased Out of Emissions Trading Scheme - Environment Watchdog

Forestry should be phased out of emissions trading scheme - environment watchdog

The scheme that is meant to be driving down New Zealand's climate pollution is instead letting emitters kick the can down the road by planting pine forests. Parliamentary Commissioner for the Environment, Simon Upton says the emissions trading scheme needs major reform to do its job properly. He has tabled a report in Parliament suggesting forestry should be phased out of the scheme altogether, or at the very least restricted. Climate change cor…

Time to take forestry out of the emissions trading scheme: watchdog

Time to take forestry out of the emissions trading scheme: watchdog

NZ ETS needs major reform, says parliamentary commissioner

New Zealand’s carbon market needs major reforms, with the role of forestry in the system in particular needing to be reviewed, said the Parliamentary Commissioner for the Environment in a report Wednesday.

Upton slates ‘out of control’, unworkable ETS

Reading Time: 3 minutes The Emissions Trading Scheme is failing to meet its greenhouse gas reduction goals – even as it possibly still encourages more than a million hectares of new afforestation in the next 50 years. A report by the Parliamentary Commissioner for the Environment, Simon Upton, says there is a correlation between the Emissions Trading Scheme (ETS) and the expansion of commercial afforestation from 1.3 million hectares in 1990 to …