Forest owners who have made a tidy profit by selling carbon high and buying low are now looking to quit the Emissions Trading Scheme, Carbon News reports today.
In 2008, the forestry sector became the first to enter the scheme.
The idea was that giving the owners of post-1989 forests tradable credits for the carbon stored in their trees would encourage planting.
And, at first, it worked. Influential forestry companies such as PF Olsen and Ernslaw One entered the market, and carbon forestry projects sprang up. . .
US folly and China foster NZ farmers – Jon Morgan:
Thanks to fracking, the United States is moving closer to energy self-sufficiency. Industry experts are talking about reaching this nirvana-like state in 2035-40.
But this hasn’t meant the Americans have eased up on their blinkered policy of growing ever more biofuel. Under federal regulations 13 billion gallons (49 billion litres) have to be produced this year.
This would have to be one of the crazier political policies of modern history. . .
Fonterra sees record haul in Sri Lanka - Andrea Fox:
Fonterra’s Sri Lanka business collected 22 per cent more local milk last year as its suppliers continue to cash in on the New Zealand dairy giant’s farmer development programme.
An extra 1.5 million litres was supplied by Fonterra’s 4000 farmer-suppliers, taking last year’s Sri Lanka collection to a record 8.2 million litres.
Fonterra and its pre-2001 legacy entity have been collecting fresh milk in Sri Lanka for more than 15 years and the New Zealand dairy industry has been supplying Sri Lanka with products for more than 35 years. . .
Normal summer for meat industry – Alan Williams:
Dry conditions in some parts of New Zealand are pushing lambs into processing plants and store sheep sales.
In other words, it is a pretty normal year for farmers and the meat industry.
There is some novelty in this, notably on the east coast of the North Island and eastern areas of Canterbury and Marlborough, only because the past couple of summers were quite damp, encouraging farmers to hold on to stock longer to build their weight.
This season is building to a peak, as per the usual pattern. . .
The latest data for the dairy milk production in shows the 2012-13 season maintaining its record volume output pace.
DCANZ is reporting that November 2012 milk production was 2,848,000 tonnes, a rise of 7.7% over the 1,067,000 tonnes produced in November 2011.
For the full calendar year to November 2012, 20,354,000 tonnes of milk were produced, and that was 9.3% ahead of the 18,627,000 tonnes in the previous equivalent year. . .
Country99TV, New Zealand’s only television channel dedicated to the rural community presents a brand new lifestyle show about the business of Dairy farming – NZ Dairy Farmer, proudly brought to you by Hansen Products.
A prime-time weekly series, NZ Dairy Farmer focuses on New Zealand Dairy farms and the people who run them. The series will provide a unique view of the lives, lifestyles and livelihoods of those at the forefront of our country’s biggest export industry. . .
Northland Field Days take place on February 21st and 22nd.