ETS (Emissions Trading Scheme)

The purpose of the Emissions Trading Scheme is to reduce the amount of greenhouse gas emissions to 1990 levels by 2012 or charge for any excess of emissions. This scheme was chosen by government as the most cost effective way for emitters to change behaviours.

As Forestry was the first industry to enter the scheme, The Omapere Taraire E & Rangihamama X3A Ahu Whenua Trust made application for the pre-1990 allocation of carbon credits on 233.7 hectares of pine forest and 46.0 hectares of post 1989 pine forest in 2011.

Any enquiries regarding ORT please contact us.