ETS costs cut 66% for forest owners – McClay
Additional reductions to costs for forest owners in the Emissions Trading Scheme Registry (ETS) have been announced by the Government.
The move to cease Level 4 on Tuesday April 28, means most parts of the forest supply chain can start moving again.
The Forest Owners Association (FOA) says its members and the supply chain are gearing up to meet the challenge of getting back to work on Tuesday 28 April.
Its members will be working within the health and safety provisions of Alert Level 3.
The forest industry was deemed to be a non-essential industry, when the Government imposed the Level 4 lockdown on 26 March.
The move to cease Level 4 on Tuesday April 28, means most parts of the forest supply chain can start moving again. These include forestry management – including aerial spraying, weed and pest management, nursery operations, planting, and seed collection. It also means log harvesting, haulage, log sales and wood products processing can all start again.
FOA President, Phil Taylor, says his organisation supported the Level 4 restrictions, but now is the time to get back to work.
“Right from the outset we have been focussed on the safety of our workforce. Since then, there has been a collaborative process to develop protocols for operations right through the supply chain.”
Taylor says the New Zealand timber processing industry has had a whole month of virtually no production, which it needs to catch up on. He says some processers have already started producing for essential industries, such as making pallets for fruit exporters.
Taylor adds that forest owners are just as eager to get exporting back to normal as well.
Agrisea NZ has appointed Craig Hudson as it's new chief growth officer.
State farmer Landcorp, trading as Pamu, is a forecasting a full-year net profit of around $100 million.
Tony Aitken, chief executive of Ruralco, has been awarded the Excellence in Business Leadership Award at the ANZ Business of the Year Awards.
Global trade has been thrown into another bout of uncertainty following the overnight ruling by US Supreme Court, striking down President Donald Trump's decision to impose additional tariffs on trading partners.
Controls on the movement of fruit and vegetables in the Auckland suburb of Mt Roskill have been lifted.
Fonterra farmer shareholders and unit holders are in line for another payment in April.

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