It has been another action packed year in the macro environment with continuing finance company failures, a possible recovery from the recession, earthquakes, tsunami’s and more. Like the previous year amongst this mayhem your trees have continued to grow and prosper.

The other exciting development has been the passing of the amendments of the Emissions Trading Scheme (ETS). This has allowed us to further develop our ideas as mentioned in the previous newsletter. We hope to have information and disclosure documents available shortly. We have successfully entered most of the forests into the ETS and by the time this goes to print we will have the Carbon Credits allocated to the NZEUR Registry account. This essentially means that when we have finalised the proposed plan with you we will be in a position to trade the credits (NZU’s).

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