“A lot of properties seem to be planted without any intention to ever harvest. They’re just chasing a quick carbon farming buck.”
Although pleased with the coming restrictions, Williams said questions remained over their effectiveness at banning carbon farming.
“While we welcome the commitment by the Government, it is becoming clear that foresters are quickly looking for any loopholes that remain,” he said.
“The idea that buying seedlings before December 2024 is an intention to plant is an absolute joke. The Government needs to close this loophole that is being exploited.”
Williams said if a forester did not own the land, they could not have had any real commitment to plant it.
“Having a contract on seedlings should not be accepted.
“We’re also hearing stories of farmland being bought for conversion to forestry with the intention of on-selling to foreign investors to get around overseas investment rules.
“If the Government are serious about supporting our farmers and rural communities, they need to move quickly to firmly close these loopholes.”