Carbon News - Intelligence for the carbon market

Govt expects $7b windfall from new forestry rules

Wednesday 11 Sep 19 11:00am

THE MOVE to new forestry carbon accounting rules will earn the Government $7 billion over the next 30 years.

Off that, however, will come $1.35 billion in revenue that would have been generated under the old rules and $52 million in extra administration costs, leaving the Crown $5.6 billion better off by the middle of the century.

... login or subscribe for full story
Story copyright © Carbon News 2019

Subscriber Content - You need to log in

To access this Carbon News information right now, please accept our 7 DAY FREE TRIAL subscription offer. Simply click the Subscribe button and follow the steps.

We send you a reminder before we charge your card or send an invoice before your FREE trial ends. We'll also remind you before we automatically renew your annual subscription. We will also ask you for updated credit card or invoicing information at this time, if necessary.

Please enjoy your 7 day FREE trial.

Related Topics: Agriculture | Energy | Forestry | Transport


Latest in Forestry