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New Zealand cuts forest owners' annual fees by 50% in emissions scheme, effective January.
New Zealand's government has confirmed a 50% reduction in the annual fee for forest owners in the Emissions Trading Scheme (ETS), lowering it from $30.25 to $14.90 per hectare per year.
The move, effective January 2025, aims to rebuild confidence in the forestry sector and support its role in meeting emissions targets.
The reduction follows concerns over increased costs imposed by the previous government.
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Nueva Zelanda recorta las tasas anuales de los propietarios forestales en un 50% en el esquema de emisiones, a partir de enero.