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  • Author:
  • Published: Feb 24th, 2010
  • Category: UK
  • Comments: 3

Opinion: Billions at stake in carbon trading scheme


South Canterbury’s district councils could be in line for a share of a multibillion-dollar compensation package for the Emissions Trading Scheme (ETS).

Under the ETS, landowners who fell more than two hectares of trees planted before 1990 will incur a fee if they do not replace them. However, all post-1990 forests can qualify for carbon credits once harvested.

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