Cassy O'Connor MP to move—
That the House:—
(a) in 2012, the Labor Green Government delivered the Tasmanian Forest Carbon Study which assessed the amount and potential economic value of carbon sequestered across the entire Tasmanian forest estate;
(b) this work has been recently updated through the report, ‘Climate Opportunities in Tasmania’s Forests’ by TreeMod Consulting;
(c) the recent report projects potential income for the State of up to $742M by 2050 to be earned on global carbon markets;
(d) the first step in securing this benefit to the State is the development of an accepted methodology for deriving carbon credits from public native forests where logging has been avoided;
(e) the Greens Alternative Budget tabled on 31 May 2016 will allocate $200,000 towards work with the Commonwealth on the development of a native forest carbon credit methodology to secure a sustainable income from forest protection in the future;
(f) Tasmania’s degraded forest lands and former plantations provide an excellent opportunity for skills development and jobs in landscape restoration techniques; and
(g) the ongoing restoration of a former plantation at Skyline Tier near St Helens is an example of environmental works with social and economic benefits.
(a) the State has a responsibility to contribute towards repairing past damage to ecosystems, biodiversity and communities caused by industrial logging; and
(b) the Greens’ Alternative Budget allocates $20M to a dedicated land restoration fund.
(3) Calls on the Hodgman Liberal Government to take a leaf out of the Greens’ Alternative Budget and recognise the opportunity in forest carbon and the responsibility in forest restoration.