The government has launched consultation on a national biodiversity credit system, which it says could address “the gap” between exotic and native forests under the emissions trading scheme.
Under the current ETS, there are stronger financial incentives for fast-growing exotic planting, such as pinus radiata, than for indigenous forests.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Automotive / EVs, Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- BlockOffsets. Modernizing Environmental Offset Ownership. Access Here.
- Source: https://www.carbonnews.co.nz/story.asp?storyID=28150
More from Carbon News
Philippines to lead new climate finance group for most vulnerable countries
Source Node: 2588599
Time Stamp: May 30, 2024
New satellite to police carbon dioxide emitters from space
Source Node: 1939173
Time Stamp: Feb 3, 2023
US lawmakers press to remove oil boss from leading COP28 climate talks
Source Node: 1927864
Time Stamp: Jan 30, 2023
Research undermines claims that soil carbon can offset livestock emissions
Source Node: 2469668
Time Stamp: Feb 5, 2024
Hipkins gives little away on attitude to climate change
Source Node: 1917377
Time Stamp: Jan 25, 2023
Dramatic changes in New Zealand river flows, research finds
Source Node: 2029505
Time Stamp: Mar 24, 2023
New govt cans ETS review, climate and environment ministers outside cabinet
Source Node: 2399435
Time Stamp: Nov 27, 2023
Loss of fossil fuel assets would not impoverish general public, study finds
Source Node: 2148255
Time Stamp: Jun 26, 2023
Scientists discover better way to capture carbon from industrial emissions
Source Node: 2214381
Time Stamp: Aug 15, 2023