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Oral Submission Presentation by Blake Foster - New Zealand ...

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4454527 Here is a link to the written press release <strong>by</strong> Rural Delivery about<br />

this video segment<br />

http://www.ruraldelivery.net.nz/2011/10/wilding‐pine‐control/<br />

9. The 15 yr plan is to change or re‐engineer the core wilding spread <strong>by</strong> clearing<br />

it and replanting with a non‐spreading species. We were going to be clearing<br />

80 hectares a year.<br />

10. Our attempt to clear the contorta wildings is coming to a standstill due<br />

to the Carbon legislation in NZ ETS not supporting the local forestry and<br />

carbon industry <strong>by</strong> allowing the emitters to buy cheap units from overseas<br />

and not having a regulation like Australia does with 50% cap of buying local.<br />

11. Buying local credits would not only help our current account deficit <strong>by</strong><br />

stopping money going overseas to buy cheap credits but bring in tax revenue<br />

locally when local credits are purchased.<br />

12. We were employing up to 50‐60 people directly or indirectly‐clearing<br />

gangs, planters and nurseryman transport operators. This has now virtually<br />

stopped. Planting programs are long term commitments of at least two years<br />

13. Some may say this is just market correction and that the goverment<br />

shouldn’t get involved. The government has already intervened <strong>by</strong> giving the<br />

emitters a two for one deal. The emitters have been given 90% of the units<br />

and now only have to pay 5% of the 10 they were to buy. The emitters can<br />

buy the cheapest credits possible. We are asking that the NZ Carbon forest<br />

industry needs to be stabilized. This can be done very simply <strong>by</strong> aligning<br />

ourselves with the Australian system.<br />

14. I request the committee to seriously look at aligning the NZETS with<br />

the Australian system <strong>by</strong> having a 50% cap on international units and 12.5%<br />

CERs.<br />

15. If wildings are entered into the ETS with a proper management plan<br />

this should be seen as positive.

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