{"id":12749,"date":"2023-11-13T07:55:21","date_gmt":"2023-11-12T20:55:21","guid":{"rendered":"https:\/\/woodcentral.com.au\/?p=12749"},"modified":"2024-10-21T20:27:26","modified_gmt":"2024-10-21T10:27:26","slug":"nsw-premier-opens-door-to-exit-native-forestry-for-carbon-credits","status":"publish","type":"post","link":"https:\/\/woodcentral.com.au\/nsw-premier-opens-door-to-exit-native-forestry-for-carbon-credits\/","title":{"rendered":"NSW Premier Opens Door to Exit Native Forestry for Carbon Credits"},"content":{"rendered":"\n<p>The NSW Government has opened the door to convert native forests into national parks but will only do so if the Australian Government introduces a new emissions trading scheme &#8220;applicable for the NSW economy.&#8221;<\/p>\n\n\n\n<p>That is according to NSW Premier Chris Minns, who responded late last month to a question from NSW Greens member Sue Higginson.<\/p>\n\n\n\n<p>Ms Higginson strongly supports locking up NSW&#8217;s State Forests and, in May 2023, submitted a Private Members Bill titled&nbsp;<a target=\"_blank\" href=\"https:\/\/www.parliament.nsw.gov.au\/bills\/Pages\/bill-details.aspx?pk=18428\" rel=\"noreferrer noopener\"><em>&#8216;Forestry Amendment (Koala Habitats) Bill 2023&#8217;<\/em><\/a>, which pushed to prohibit forestry operations from being carried out in koala habitats.<\/p>\n\n\n\n<p>Premier Minns was answering a question at the 25 October Budget Estimates Committee. He claimed that &#8220;many industries, companies and governments are desperate for carbon offsets and would be looking at jurisdictions like NSW.&#8221;<\/p>\n\n\n\n<p>However, &#8220;you have to have a system up and running before you can quarantine a park or an area to allow for that area or that zone to be eligible for the carbon transfer.&#8221;<\/p>\n\n\n\n<p>If you do it in reverse, he said, &#8220;then you can&#8217;t retroactively go to that national park or that forest and say, &#8220;This will now apply to carbon offsets in the future.&#8221;&nbsp;<\/p>\n\n\n\n<p>It is not the first time the NSW Government has pushed to change the carbon rules,&nbsp;<a href=\"https:\/\/woodcentral.com.au\/nsw-liberals-plan-carbon-credits-to-exit-native-forestry\/\" target=\"_blank\" rel=\"noreferrer noopener\">with the former Liberal State Government pushing for the Federal Government to consider carbon credits generated by ceasing harvesting in state forests<\/a>&nbsp;&#8211; a proposal that was ultimately rejected.<\/p>\n\n\n\n<p>The proposal saw<em>&nbsp;<\/em>the then Environment Minister, James Griffin, and Energy Minister, Matt Kean, write to Tanya Plibersek and Chris Bowen seeking the creation of new credits under the Emissions Reduction Fund.<\/p>\n\n\n\n<p>An &#8220;improved native forestry methodology&#8221; would generate &#8220;significant carbon abatement&#8221; and create an important revenue stream, the document written in December 2022 said, with funds invested to manage existing national parks, create new ones and develop plantations.<\/p>\n\n\n\n<p>It said this would create &#8220;major ecological benefits for species such as koalas, greater gliders and other threatened species as well as significant economic benefits for regional Australia.&#8221;<\/p>\n\n\n\n<p>Now, Wood Central can reveal that the NSW Government is working closely with the Federal Government.&nbsp;<\/p>\n\n\n\n<p>&#8220;I don&#8217;t have an announcement today,&#8221; Premier Minns said, &#8220;but we are looking at all those initiatives closely.&#8221;<\/p>\n\n\n\n<p>&#8220;We need an established market that is independently audited if you like, that companies and governments worldwide have confidence in,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NSW Government has opened the door to convert native forests into national parks but will only do so if the Australian Government introduces a new emissions trading scheme &#8220;applicable for the NSW economy.&#8221; That is according to NSW Premier Chris Minns, who responded late last month to a question from NSW Greens member Sue [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":15569,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[50,85],"tags":[],"ppma_author":[70],"class_list":{"0":"post-12749","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-australia","8":"category-new-south-wales"},"authors":[{"term_id":70,"user_id":2,"is_guest":0,"slug":"jason","display_name":"Jason Ross","avatar_url":{"url":"https:\/\/woodcentral.com.au\/wp-content\/uploads\/2023\/01\/J-Ross-headshot.jpeg","url2x":"https:\/\/woodcentral.com.au\/wp-content\/uploads\/2023\/01\/J-Ross-headshot.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/posts\/12749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/comments?post=12749"}],"version-history":[{"count":3,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/posts\/12749\/revisions"}],"predecessor-version":[{"id":15570,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/posts\/12749\/revisions\/15570"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/media\/15569"}],"wp:attachment":[{"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/media?parent=12749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/categories?post=12749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/tags?post=12749"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/woodcentral.com.au\/wp-json\/wp\/v2\/ppma_author?post=12749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}