NZ farmers support move to restrict forestry carbon credits

Published 09:16 on July 20, 2020  /  Last updated at 23:27 on July 20, 2020  /  Asia Pacific, New Zealand  /  No Comments

New Zealand’s leading farming industry group has backed a proposal by the Labour party to impose restrictions on which types of land can earn carbon allowances by planting forests, but says that’s not enough to stave off what it claims is a threat to farmland by the nation’s emissions trading scheme.

New Zealand’s leading farming industry group has backed a proposal by the Labour party to impose restrictions on which types of land can earn carbon allowances by planting forests, but says that’s not enough to stave off what it claims is a threat to farmland by the nation’s emissions trading scheme.

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