Thursday, 27 September 2012 15:43

Forestry schemes under review

Written by Pamela Tipa

font size decrease font size increase font size
Print
Email

Primary Industries Minister David Carter says the Government is reviewing three forestry schemes to decide whether they need to be tweaked to encourage more forestry plantings.

This coincides with a fall in the international price of carbon from a high of $25 to the present low of $3 a tonne.

Carter says he's aware of the criticism about overseas carbon credits. "Anybody in the New Zealand forestry industry expecting a return out of carbon is obviously concerned. They are looking for ways to insulate New Zealand from the international carbon price. I personally believe we need to see more trees planted in New Zealand particularly in areas of the land which are eroding significantly."

Carter says the three schemes in question – The East Coast Forestry Project, The Hill Country Erosion Programme and the Afforestation Grant Scheme – are being reviewed.

More like this

NZ Forestry Exports to India Now Tariff Free

More than 95 per cent of New Zealand’s forestry and wood exports to India can now enter tariff free as the New Zealand-India Free Trade Agreement comes into force today.

NZIF Warns Rushed ETS Changes Could Hurt Forest Investment

The New Zealand Institute of Forestry (NZIF) says unnecessary changes to New Zealand’s Emissions Trading Scheme (NZ ETS) will seriously erode investor confidence and result in significant reductions in forest planting rates.

NZ Must Prioritise Food Security, Says HortNZ's Malley

New Zealand needs to make sure that it continues to focus on its own food security, according to HortNZ board member and blueberry grower Dermott Malley.

BNZ and Pāmu Launch New Native Forest Revenue Model for New Zealand Landowners

Bank of New Zealand (BNZ) and Pāmu (Landcorp Farming Limited) have developed a new way for landowners to earn revenue from existing native forests.

Native Forest Champions Honoured at Fieldays 2026

Forestry Minister Todd McClay has today congratulated the winners of the 2026 Growing Native Forests Champions Awards at Fieldays.

Featured

A Year of Delivery for Fonterra

Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.

Editorial: Common Sense Prevails

OPINION: The Government's decision to reinstate agriculture and horticultural science as a standalone subject from Year 11 is the right one.

Ex-Fonterra Suppliers Face Stricter Share Sell-Down Requirements

Dairy farmers, still holding onto their Fonterra shares despite switching milk supply elsewhere or exiting the industry, now face a stricter share sell-down requirement.

Aimer Farming Raises $3M to Launch AI Beef Pasture Tool

Hamilton-based agritech company Aimer Farming has completed a $3 million capital raise to support its next stage of growth, including a beef farming product due to launch in 2027.

Miriam Lauridsen on Farm Health and Safety Culture

When dairy manager Miriam Lauridsen learned the farm, she was joining held weekly health and safety meetings, she initially thought that was “a bit over the top”. Experiencing that culture changed her mind.