31 Mar 2009
Nick Smith, the Minister for Climate Change Issues has directed the Registrar of the New Zealand Emissions Unit Registry to issue 8 million New Zealand Units into the Crown holding account. The ministerial direction and the ministerial statement were tabled in the House on 25 March 2009.
Forestry News
Rail from Karioi will take lumber off the roads
14 Apr 2009
About 2000 fewer trucks will travel to Wellington's CentrePort after state-owned KiwiRail struck a deal with WPI Timber. A disused railway siding at WPI Timber's Tangiwai timber mill will be re-established and minor adjustments made to existing freight services to shift the freight from road to rail starting in May.Government cautious over NZ’s Kyoto surplus
15 Apr 2009
New Zealand is now expected to exceed its Kyoto target by 9.6 million tonnes – a surplus worth an estimated $241 million.Forest will be part of ETS -- so will be farming
24 Apr 2009
Foresters can invest with some certainty in new forests, knowing the carbon removed by the trees will be recognised in some form in the future says agriculture and forestry minister David Carter. He also says forestry and wood processing has the potential to help lift New Zealand out of the recession and help drive the economic recovery.Australian plantation group felled by debt
24 Apr 2009
Planation group Timbercorp's collapse yesterday has thrown a major part of Australia's rural industry into disarray, raising questions about the sustainability of urban-based schemes designed to minimise investors' tax liability, according to a report in The Australian.Managed Investment Schemes sound: A3P
27 Apr 2009
Timber plantations funded through managed investment schemes (MIS) will continue to grow a large proportion of Australia’s future wood resource, despite the decision by leading agribusiness MIS manager, Timbercorp, to go into voluntary administration.
Forestry unable to absorb unemployed
28 Apr 2009
Efforts to use forestry to absorb redundant workers during the current recession will not work, a job summit here on Friday was told.Five years of accident-free logging
30 Apr 2009
In an industry where the risk of an accident is ever-present, a Manawatu logging crew working for Ernslaw One Ltd has demonstrated the benefits of having a sound health and safety culture. The crew has just celebrated ts fifth consecutive year of accident-free operation.FITEC 2008 graduates to be honoured
04 May 2009
FITEC is hosting nine graduation ceremonies over the next four weeks to celebrate the training achievements of more than 1500 wood industry modern apprentices and trainees, who have completed around 2000 national certificates in 2008.