NZ farmers call for limits on forestry NZUs in ETS in bid to halt farm sales

Published 10:33 on August 4, 2021  /  Last updated at 10:33 on August 4, 2021  /  Asia Pacific, New Zealand  /  No Comments

New Zealand’s beef and lamb lobby on Wednesday called on the government to place a limit on the amount of carbon allowances from forestry can be used in the emissions trading scheme, as a report showed almost 100,000 hectares of farm land had been converted to forests since 2017.

New Zealand’s beef and lamb lobby on Wednesday called on the government to place a limit on the amount of carbon allowances from forestry can be used in the emissions trading scheme, as a report showed almost 100,000 hectares of farm land had been converted to forests since 2017.

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