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Business lobby warns of huge disruption

Wednesday 27 Mar 19 11:00am

BANNING every industry except agriculture from using forestry credits to offset greenhouse gas emissions would be a huge disruption to the economy, says Business NZ.

Yesterday, Parliamentary Commissioner for the Environment Simon Upton released a report recommending that forestry credits be used only for offsetting biological emissions, which donít stay in the atmosphere nearly as long as emissions from burning fossil fuels do.

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Related Topics: Agriculture | Emissions trading | Energy | ETS | Forestry

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