This technical note provides an expert opinion on the likely forestry sector response to various carbon prices. It was commissioned by the Ministry for Primary Industries and undertaken by Professor Bruce Manley of the New Zealand School of Forestry at the University of Canterbury.
It is one of three technical notes provided to support submissions for the NZ ETS review 2015/16 on the following priority issues.
- removing the one-for-two transitional measure
- managing the costs of removing the one-for-two transitional measure.
It may also be of relevance to other issues.
For the other two technical notes supporting priority issues see related publications below.
The 'Afforestation responses to carbon price changes and market certainties' technical note supplements the 'Economic impacts of removing NZ ETS transitional measures' which does not fully represent the impacts of the NZ ETS on the forestry sector.
To make a submission or for information on the NZ ETS review 2015/16 see Consultation for the NZ ETS review 2015/16. Submissions for priority issues close on 19 February 2016.