B+LNZ calls for government action as sheep and beef farm sales to forestry climb
Red meat farmers are urging the Government to act on the growing number of whole sheep and beef farm sales for conversion to forestry, particularly carbon farming.
This coincides with a fall in the international price of carbon from a high of $25 to the present low of $3 a tonne.
Carter says he's aware of the criticism about overseas carbon credits. "Anybody in the New Zealand forestry industry expecting a return out of carbon is obviously concerned. They are looking for ways to insulate New Zealand from the international carbon price. I personally believe we need to see more trees planted in New Zealand particularly in areas of the land which are eroding significantly."
Carter says the three schemes in question – The East Coast Forestry Project, The Hill Country Erosion Programme and the Afforestation Grant Scheme – are being reviewed.
