Quote Originally Posted by Timesurfer View Post
What do we make of these unlikely bedfellows joining forces to create a carbon credit forestry portfolio - Air New Zealand, Contact Energy, Genesis Energy and Z Energy.

Is this the forestry of the future? I can see it being a boon for marginal landholders, where many have been caught out previously with retirement blocks of forest that become at best break even after harvesting costs materialize.

It might even tempt me into farming trees.
First thing I thought is what an unusual alliance. Secondly, I have shares in all these companies. Thirdly, its good that they are forming an alliance and cooperating so they're not competing against one another for marginal land purchases. Fourthly, economies of scale which contracting out large amounts of planting. Looks like a good alliance to me. Got to make a difference somehow and this seems at least as good a way as any other.