The ETS is heating up (so to speak) and we at Greenplan are gearing up to hopefully take advantage of it.
Prior to Christmas we attempted to outline our thoughts as to what we should do with the Carbon Credits (NZU’s). We had a little feedback which was positive so we have been further defining the plan. This has involved a little more than expected, however we are making progress. We have done some financial modelling work which is currently under review by Deloittes (Accountants) as to its workability and accuracy, we have received some taxation advice in regards to the proposed structure that we envisage will take place, we have gained conditional support from Perpetual Trust for the proposed plan and have also managed to register most of the forests and secured some 300,000 NZU’s.