Asia Pacific > Compliance Markets & Taxes > New Zealand proposes to rule out key source of forest NZUs from ETS

New Zealand proposes to rule out key source of forest NZUs from ETS

Published 01:42 on March 3, 2022 / Last updated at 04:41 on March 4, 2022 / / Asia Pacific (Compliance Markets & Taxes, Pacific), International, Nature-based Carbon (Forestry), Voluntary (VCM Governance)

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New Zealand on Thursday proposed to exclude exotic forests such as radiata pine from generating credits in its emissions trading scheme, a move that would close the door on the vast majority of new plantings driven by the nation’s high carbon price.
New Zealand on Thursday proposed to exclude exotic forests such as radiata pine from generating credits in its emissions trading scheme, a move that would close the door on the vast majority of new plantings driven by the nation’s high carbon price.


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