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Copeland Encouraged by Permanent Forest Sinks
United Future Media Statement
For immediate
release
Friday 1 September 2006
Copeland Encouraged by Permanent Forest Sink Initiative
United Future Climate
Change Spokesman Gordon Copeland has applauded the Permanent
Forest Sink Initiative (PFSI) announced by the Government
yesterday.
“I am extremely pleased with the Government’s announcement. United Future has worked hard under the Confidence and Supply Agreement to address issues concerning water quality and the planting of trees around waterways,” said Mr Copeland.
The PFSI allows landowners to get the economic value of removing carbon dioxide from the atmosphere and sequestering it in the form of new forests. Under the Kyoto Protocol, this process generates forest sink credits, which can be sold on the international market.
“I applaud this initiative as it will encourage landowners to plant trees along streams and rivers. While creating an opportunity for further carbon sinks, the trees will also work to prevent the leaching of nitrates and the excursion of stock into rural waterways.”
“It will also be aesthetically pleasing and add to the beauty of rural New Zealand.”
“The environmental and economic benefits go hand-in-hand,” concluded Mr Copeland.
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