Post by Kiwi Frontline on Jul 17, 2023 6:59:04 GMT 12
MĀORI LANDOWNERS HEAD TO UN IN BID TO STOP EMISSIONS TRADING SCHEME CHANGES
The scheme forces polluters to offset their emissions by buying carbon credits.
Planting trees creates those credits, which can then be traded. It’s led to the creation of an industry of carbon farming which many Māori landowners rely on.
They say the Government's proposals could jeopardise the local carbon credit industry, which is worth an estimated $16 billion to the Māori economy.....
www.1news.co.nz/2023/07/15/maori-landowners-head-to-un-in-bid-to-stop-emissions-trading-scheme-changes/
The scheme forces polluters to offset their emissions by buying carbon credits.
Planting trees creates those credits, which can then be traded. It’s led to the creation of an industry of carbon farming which many Māori landowners rely on.
They say the Government's proposals could jeopardise the local carbon credit industry, which is worth an estimated $16 billion to the Māori economy.....
www.1news.co.nz/2023/07/15/maori-landowners-head-to-un-in-bid-to-stop-emissions-trading-scheme-changes/