Forestry Credits Plunge Under National - Mackey

18 September 2013

A report out today shows just 2 percent of units surrendered under the Emissions Trading Scheme (ETS) in 2012 were forestry credits, down from 64 per cent two years ago, says Labour’s Climate Change spokesperson Moana Mackey.

"This is around a tenth of the number of forestry credits surrendered in 2010 and is further proof the flood of cheap international units (ERUs) is undermining our carbon forestry sector.

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