The Emissions Trading Scheme (ETS) rules set out for forests created after 1989 (Post 1989) can be found on the Ministry for Primary Industries website. We advise all forest and woodlot owners to spend some time reading this information.
However, some important things for owners to know include:
- Under the Post 1989 provisions the owner of trees planted since 1990 was eligible to become a participant in the Emissions Trading Scheme (ETS) if the use of land had changed to forestry from another use. This was voluntary and land or forest owners had until the end of 2012 to register.
- Post 1989 land was deemed to be any land that did not contain plantation trees before 1990. If the land was planted in trees before 1990, and had been harvested and replanted since it is still categorised as Pre 1989 land. The new trees could not be registered as Post 1989.