ETS & Carbon
Advice
Emissions Trading Scheme (ETS)
The ETS is a government initiative to offset greenhouse gas emissions in New Zealand. It is part of New Zealand’s climate change policy, intended to meet the country's obligations under the Paris Agreement and other international treaties.
Carbon in forestry adds a significant new income stream to traditional forestry investment.
The carbon market holds huge potential for forest owners as further industries are required to offset their emissions.
Forestry provides a means for industries to offset their emissions by purchasing carbon units from forest owners while they try to make changes that reduce their industry's carbon emissions over the long term.
The carbon sequestered by new forests planted on land that was clear of trees in 1990 can be claimed as carbon credits. These can then be sold to emitters both here and internationally. There are also new rules for forests planted pre-1990 which owners need to be aware of.
In short, carbon offers a new and potentially lucrative income stream for forest owners.
Services
Forest Management’s team is one of New Zealand’s leading advisors for the Emissions Trading Scheme (ETS). We’ve been heavily involved in working with the ETS since forestry became a participant in 2008.
We can undertake work in a variety of areas including:
Assessment of ETS eligibility
Registering post-1989 forests into the ETS
Managing carbon flows to understand repayment obligations
Due diligence when purchasing a property with an ETS registration
Transfer of ETS participation when property ownership changes
Voluntary and mandatory emissions returns
FMA measurement and data processing
Sale and purchase of carbon credits