Long-term native logging in NSW questioned by reportFriday 20 Dec 2024
If that happened, it would be the third state to stop logging native forests after Victoria and Western Australia, leaving Tasmania the only state with a large native logging industry. The recommendation was made by the NSW Independent Pricing and Regulatory Tribunal (IPART) in its triennial analysis of the government-owned logging company Forestry Corporation of NSW. It found Forestry Corporation's native timber operation had been steadily losing money over the past decade, in part due to delivering timber to sawmills for less than the cost of providing it. In 2028 most of those contracts binding the corporation to supply timber at certain prices are set to expire, the report says.If native logging cannot be made economically viable when the contracts are renegotiated, the "long-term feasibility" of logging native forests should be reviewed. More >> Source: ABC | ||
Copyright 2004-2024 © Innovatek Ltd. All rights reserved. |
