Government to review ETS admin costs for forest owners

Forestry minister Todd McLay says the 4,000-plus forestry participants deserve to have confidence in the system that’s been set up to manage their ETS obligations. (Image: Getty)

Jem Traylen

Thu, 29 Feb 2024

There will be an independent review of the fees forest owners must pay to participate in the emissions trading scheme.Forest owners took the government to court when the scheme, which would cost them more than $30 a hectare in registration fees, was announced last year.On Thursday, forestry minister Todd McLay announced an independent review of the forestry component of the emissions trading scheme (ETS) register to ensure it was “efficient and cost-effective”.‘Excessive costs’McLay said forestry owners have been raising...

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