Environmentally Perverse Outcomes
- "It is important that sustainably managed pre-1990 forests are not disadvantaged so as to make their management unsustainable."
- "The expropriation of carbon values in pre-1990 forests has the perverse effect of increasing the actual or nominal cost of wood by the amount of the carbon credit value. Fossil intensive wood substitutes such as steel, aluminium and concrete will derive a direct financial benefit from the use of carbon offset forestry by way of a relatively lower cost of production than if these products carried the full costs of their production including the environmental externality of climate change.
- Note the environmentally beneficial incentive created through accurate targeting of the environmental costs of fossil fuel use. Steel, aluminium and concrete could be expected to increase in price relative to wood based alternatives. It is reasonable to presume that increasing the price differential between wood and its greenhouse gas intensive substitutes will lead to increased demand for wood and wood products and consequentially an increase in planting rates."
Contact for Enquiries
MAF Information Services
Pastoral House
25 The Terrace
PO Box 2526
Wellington, NEW ZEALAND
Fax: +64 4 894 0721
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