Press Release: New Zealand Forest Owners' Association Welcomes Labour's Climate Initiatives

26 August 2014

Labour’s proposal to set up an independent Climate Commission to advise the government on how to meet its emissions targets has been welcomed by the Forest Owners Association.

“It will reduce the likelihood of governments tinkering in the ETS. This, together with clear price signals for carbon, will enable businesses and land owners to adopt low-carbon strategies with a much higher level of confidence,” says FOA environment committee chair Peter Weir.

“Ever since climate change arrived on the agenda, we have been asking the major political parties to stop playing politics with carbon emissions and pricing. The most recent ETS change undermined investment in forestry with an overnight, unannounced, change that prevented Kyoto forest owners from using international units to settle their emissions obligations. Forest owners were the only emitters to be singled out in this way, contradicting assurances made by the government only six months before.

Read the full press release in Scoop Business