NZJFor Home Search Join Author instructions NZIF website NZJFor Home NZJFor

    ABSTRACT

New Zealand Journal of Forestry (2010) 54(4): 12–15
©New Zealand Institute of Forestry

Refereed article
Impacts of the revised Emissions Trading Scheme on potential demand for carbon credits from new forest planting

Euan G. Mason 1

1 Associate Professor, New Zealand School of Forestry, University of Canterbury

The amended Emissions Trading Scheme (ETS) will very likely create a large demand for offsets, either as New Zealand emission units (NZUs), CERs or "greened" Assigned Amount Units (AAUs), and if a significant proportion of these are sourced domestically then this will require new forest planting. New Zealand is currently very dependent on new forest planting to help balance its greenhouse gas (GHG) accounts, and so impacts of our ETS on demand for carbon credits, known in the New Zealand ETS as New Zealand emission units (NZUs), are important. The forestry sector can help mitigate climate change by sequestering carbon dioxide and also by providing more climate-friendly products and energy, but it is the provision of NZUs that offers some recompense for the carbon storage service that growers of forests provide.
(no keywords)


Issues > 54(4) > Abstract
Cover

Get PDF
Download article as 245KB PDF file

As an issue ≤ 3 years old, access to this article is restricted to subscribers. (All articles from issues > 3 years old are free.)

(You can read PDF files with the free Adobe Acrobat Reader)