Woodnet has helped James register forests on his two Hawkes Bay properties. In total he has over 300 ha of post-1989 forest registered into the ETS, and has claimed compensation credits for approximately 250 ha of pre-1990 forest.
“I approached Woodnet because I had more questions than answers when it came to the ETS. It seemed extremely complicated, however, the experienced team at Woodnet was able to provide the information I needed to make the right decision for my circumstances. They know what questions to ask in order to make the registration process as efficient as possible, this was especially relevant given the different ownership structures for our two properties. As a result, I now have options going forward with the annual credits from my post-1989 forest while Woodnet is helping me manage the obligations.
It is disappointing to have my pre-1990 credits still in the bank, but I have the option to sell them tax-free if and when the price is right.”