Dire warnings over carbon forests' impact

Dire warnings over carbon forests' impact
If the policy was left unchanged, pine trees could swamp farmland and climate change policy, officials warned. (Image: Getty)
Ian Llewellyn
Ministers were warned that leaving policy settings unchanged would make planting permanent carbon forests so lucrative that they would crowd out large areas of farmland and threaten attempts to reduce greenhouse gas emissions.Following the advice, the cabinet left the policy unchanged with work to continue on new options to be put in place in 2025.A recently released regulatory impact statement on forestry and the Emissions Trading Scheme (ETS) said current settings heavily incentivise planting pine trees and then walking away from them.Ministr...

More Primary Sector

Reducing farm emissions is about future proofing: Nestlé
Primary Sector

Reducing farm emissions is about future proofing: Nestlé

Dairy makes up 21% of Nestlé's scope 3 or 'on farm' emissions.

Jones heads to Oz to woo mining investors
Primary Sector

Jones heads to Oz to woo mining investors

Work has begun on a critical minerals list and stocktake.

Ian Llewellyn 03 Jul 2024
Litigation 'may have' disrupted BX Foods' timely accounts filing
Primary Sector

Litigation 'may have' disrupted BX Foods' timely accounts filing

The company was more than a year late in filing its 2022 accounts.

Riley Kennedy 03 Jul 2024