Timber company to benefit as RET deal creates market for unsaleable timber, says VicForests analysis
The revised Renewable Energy Target (RET) currently before Parliament would provide a market for otherwise unsaleable timber, according to a document from Victoria’s state-owned forestry business, VicForests, obtained by the ABC. Environment Minister Greg Hunt introduced the Renewable Energy (Electricity) Amendment Bill yesterday. The legislation locks in the bipartisan deal for a new, lower, 2020 …