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Now, sheep country is in sharp decline. Across the country, farm after farm is transitioning to lucrative pine forestry, fuelled by demand for carbon credits. Under New Zealand’s emissions trading scheme, landowners can earn credits – which can be traded or sold – for activities that absorb carbon dioxide. Farmland sold for forestry conversion can now fetch prices several times higher than its previous value as agricultural land. Over tens of thousands of hectares, wire fences are being ripped out and the paddocks studded with dark bushels of pine seedlings. New Zealand’s total flock number has fallen from more than 70 million in the 1980s to just 26 million today. This year, the ratio of sheep to people slipped below 5:1 for the first time since records began.
originally posted by: rickymouse
I hope they are at least planting trees native to the region when they plant them...oh wait, I am being nuts questioning this because people running these climate change programs have little common sense. They are probably planting pines that grow half way around the world that do not belong there but look pretty.