I asked a few mates over i the west about the widespread tree...

I asked a few mates over i the west about the widespread tree deaths and they were unsure what I was talking about. It may be just a rumour, but I agree it should be addressed.

It is hard to determine the risk profile of a lot of these companies as they do not release enough information, and for very good reasons, mainly IP.

It is also very hard to value companies when changes to the rules surrounding carbons sequestration estimation and regulations come thick and fast. We need bipartisan agreement on the role of forests, the regulation of forests with particular emphasis on the access to international markets.

The current policy is to allow access to international markets through linking carbon stored in trees with AAUs, well if they could change that to ERUs by allowing JI into the country then we could get a real spike in company outlooks, land prices and options for landholders, but we need long term security. It is not unlike the rest of the industry who need long term certainty before they invest, forestry is a long term proposition and long term security over the value of the carbon and access to markets needs to be evident. And another great planting year goes begging.