Leaked 3 year business plans from VicForests reveal multi-million dollar taxpayer losses.
East Gippsland is especially ‘not commercial’. It’s been going on for years.
ABC Radio National revealed the leaked ‘commercial in confidence’ documents also shows VicForests is keen to use native forests to generate electricity under the Renewable Energy Target, or RET. Environment Minister GregHunt cleared the decks for the burning of native forest biomass yesterday with the introduction of the Renewable Energy (Electricity) Amendment Bill into Federal Parliament.
You can listen to the interview here or here Note the parroting of VicForests only defence – if we don’t burn it, it’ll just rot. Not if they don’t cut it down to start with!
Also note that the title of this article on line earlier today was in fact “VicForests losing millions, keen to burn native forests under new RET deal”. VicForests mustn’t have like that one.