NZ carbon emission rise lags economic growth, but forestry carbon sink shrinking

Mon, 26 Feb 2018

By Pattrick Smellie Feb. 27 (BusinessDesk) - New Zealand's carbon emissions continue to rise, but new figures from Statistics New Zealand show the increase is slower than growth in the economy for most of the last 25 years, suggesting a relative improvement in resource use. However, the newly minted environmental-economic accounts, published for the first time today, also warn that forests are about to start shrinking as large-scale plantings in the 1990s come to harvest. Rates of forest plantation since the 1990s have failed to keep up w...

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