In the latest NZ Tree Grower Ollie Belton explains the risks and penalties of non-compliance under the ETS for forest owners, and how to resolve possible issues when they arise.
With the crash of the NZ carbon market over the past two years, coupled with resurgent log prices, the New Zealand Emissions Trading Scheme (ETS) has faded into the background for most forest owners. For many, the ETS is a failed policy and timber is back as the focus. Despite the depressing state of the market, forest owners should not forget that the ETS and all its rules and regulations remain. Read the article here.