Groups representing the owners of more than 300,000 hectares of local forest – have launched a judicial review in the High Court. The MPI’s new fees regime is set to increase costs for foresters in New Zealand’s Emissions Trading Scheme by several thousand percent and undermine climate action, put Iwi, landowners and farm foresters under significant financial pressure and threaten the country’s climate action. An estimated $14 million per year extra in fees will be charged to foresters participating in the ETS and some individual forest owners facing more than $1m a year in new fees. Climate Forestry Association chief executive Andrew Cushen says the industry has much more at stake in this proposal than just the impact the new fees regime. Andrew Cushen joins Mark Leishman on Round Up.
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