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Facilitating Carbon Offsets from Native Forests

Authors: Thomas Carver; Suzi Kerr;

Facilitating Carbon Offsets from Native Forests

Abstract

This note aims to help firms looking to offset their Greenhouse Gas (GHG) emissions. Emissions reductions from native forestry sequestration are already recognised in the New Zealand Emissions Trading Scheme (ETS) and it is ‘shovel ready’ to generate native forest offsets. 10,000 Ha of post-1989 native forest land would sequester 65,000 tonnes of CO2-e annually on average over 50 years, and would be eligible to earn 65,000 NZUs per year under the ETS. Native forestry also has a wide range of associated environmental, cultural, social and economic co-benefits. It is certainly possible for more native afforestation to occur at present, and within the existing policy framework; however, challenges do still exist. These include: a lack of awareness; limited access to capital; the complexity of the ETS; policy uncertainty; and some specific policy settings. The New Zealand business community can play an important role in solving these problems. Businesses can help influence government policy and have the capital and capacity to play a facilitating role in the market.

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    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    6
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
6
Top 10%
Average
Average