2 February 2012
New Zealand's forestry exports may be set for tougher ride over the next 12 months following two bumper years, as falling demand from China puts the sector under pressure.
NZ log exports may face a squeeze2 February 2012 New Zealand's forestry exports may be set for tougher ride over the next 12 months following two bumper years, as falling demand from China puts the sector under pressure. EU discusses reducing supply of carbon credits1 February 2012 A European Commission working paper on emission targets is urging the adoption of more ambitious climate goals and a reduction in the supply of Emissions Trading System (ETS) allowances.Provisional Estimates of Tree Stock Sales and Forest Planting in 201123 January 2012 This report, from Ministry of Agriculture and Forestry, provides the provisional 2011 estimates of the sales of tree stocks and the areas of forest planted. First super B train hits Hawkes Bay roads20 January 2012 The largest trucking rig permitted under the High Productivity Motor Vehicle (HPMV) regulations is now operating in the Hawkes Bay. Bikes bring more money than wood from Rotorua forest17 January 2012 The economic value of mountainbiking in Rotorua's Whakarewarewa Forest has been estimated at five times its annual timber revenue and looks set to increase as promotions raise awareness of what is on offer. Global carbon market value rises 4% – Point Carbon10 January 2012 The value of the global carbon market climbed 4% in 2011, despite dramatically lower prices in the largest market in Europe, according to analysis by Thomson Reuters Point Carbon.Ban on dodgy carbon credits a welcome first step22 December 2011 Forest owners have welcomed the government decision to prevent emitters from using dodgy carbon credits to meet their obligations under the NZ Emission Trading Scheme (NZETS).Hot air carbon credits banned22 December 2011 Climate Change Minister Nick Smith has announced that Certified Emission Reduction units (CERs) from HFC-23 and N2O industrial gas destruction projects are now banned from New Zealand’s Emissions Trading Scheme (effective 23 December 2011).EU carbon price rockets 30% on set-aside vote21 December 2011 The European Parliament’s environment committee has voted to cut the supply of EU carbon allowances, causing the carbon price to climb as high as €9.75, a 32% increase on Monday’s close. Increase in new forest planting20 December 2011 About 12,000 hectares of new plantation forests are likely to have been planted this year, driven largely by the Emissions Trading Scheme. |
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