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

Wood industry unveils value-added plan to double exports
Primary Sector

Wood industry unveils value-added plan to double exports

There aren't enough trees in NZ to double timber export receipts with raw logs.

Greg Hurrell 10 Oct 2025
Why NZ's US tariff rates could rise on a whim
Primary Sector

Why NZ's US tariff rates could rise on a whim

NZ's trade surplus with the US is likely to go up. Donald Trump won't like that.

Greg Hurrell 09 Oct 2025
Dairy prices fall for fourth straight auction, whole milk powder down 2.3%
Primary Sector

Dairy prices fall for fourth straight auction, whole milk powder down 2.3%

Prices have slipped again in the latest Global Dairy Trade auction, held overnight on Tuesday, with a 1.6% dip across the board.This was the fourth consecutive decline, following a 0.8% slide at the previous auction, a 4.3% decrease before that, and a 0.3% drop on Aug 19.Whole mi...

Staff reporters 08 Oct 2025
Dairy Farms NZ sells 6 of 7 farms, last one to go next year
Primary Sector

Dairy Farms NZ sells 6 of 7 farms, last one to go next year

The corporate dairy farmer has sold most of its Fonterra shares.

Riley Kennedy 08 Oct 2025