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About Overview Growers Hardwood Processing Softwood Manufacturing Pulp, Paper & Bioproducts Board & Staff Media Centre News Feed Recent Releases Videos Opinion Pieces AFPA Awards 2017 Gallery Industry Calendar Publications Policies Submissions Other Publications Corporate Documents Quick Facts Links Contact More Safe and Skilled Media Releases Opinion Pieces Submissions Election AFPA SA
Australian Forest Products Association
  • About
    • Overview
    • Growers
    • Hardwood Processing
    • Softwood Manufacturing
    • Pulp, Paper & Bioproducts
    • Board & Staff
  • Media Centre
    • News Feed
    • Recent Releases
    • Videos
    • Opinion Pieces
    • AFPA Awards 2017
    • Gallery
  • Industry Calendar
  • Publications
    • Policies
    • Submissions
    • Other Publications
    • Corporate Documents
    • Quick Facts
  • Links
  • Contact
  • More
    • Safe and Skilled
    • Media Releases
    • Opinion Pieces
    • Submissions
    • Election
    • AFPA SA

Australian forestry joins battle against climate change

Home Media Releases Australian forestry joins battle against climate change
02
Dec
2016

The Australian Forest Products Association (AFPA) congratulates the Government on today’s release of the draft Carbon Farming Initiative (CFI) forest plantation methodology for public comment.

Chair of AFPA Mr Greg McCormack said, “Scientists and foresters have worked closely with Federal departments to ensure that the carbon storage mathematics in this draft methodology is bulletproof. Rotational forestry is not just good for jobs in the bush, but also one of the best, and most cost-effective tools, for storing carbon and reducing Australia’s carbon emissions profile.”

The draft methodology covers forest plantations which are in addition to those already growing. Under the Emissions Reduction Fund (ERF) reverse auction, the lowest possible price is paid for emissions reduction.

The plantation methodology will allow forest growers and farmers to factor the possibility of a small carbon payment into the high cost of establishing areas of new trees.

Mr McCormack said, “The commitment required under the draft methodology is for a forest grower or farmer to maintain the planting for at least twenty-five years – receiving a modest carbon payment each year for the first ten years.  

“The additional income will be very minor compared to the very high costs borne over that first ten-year period. This will ensure that only the most sensible choices are made about where to plant trees – such as close to major processing facilities in Tumut and Oberon in NSW, or Gippsland in Victoria, or near Mt Gambier, South Australia, or Bunbury in Western Australia, or in Tasmania.”

 2-12-2016-australian-forestry-joins-battle-against-climate-change

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Australian plantations produce over two-thirds of the nation’s log supply. They dominate the economically important forestry and forest products industries, which generate over $20 billion per year in turnover and employ an estimated 120 000 people mostly in regional areas.

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