Get the latest news to your email inbox FREE!

REGISTER

Get the latest news to your email inbox FREE!

REGISTER
HomeOpinionOPINION: Money can grow on trees

OPINION: Money can grow on trees

By Brian Page

I NOTE calls from the forestry industry to plant a billion new trees and the issue of water rights, plus opportunities for our most important industry.

Carbon credits is a core issue and one recent and accurate estimate is that an average sized tree over a 50 year life produces oxygen worth about $30,000 in today’s money or about $600 per tree each year.

But forest trees being much larger with typical tree life 25 years produce much more oxygen, perhaps double and a conservative $900 a tree per annum equates to an annual carbon value (or oxygen value) for a billion trees of at least $900b per annum.

Trees are by far the biggest reducers of carbon dioxide, well above normal crops – and unlike farm animals, do not produce a major environmental problem of methane gas.

Such plantings counteract major vandalism, such as extensive forest clearing by farmers in Queensland and forest loss all over this planet, driven by population growth, is a prime cause of major environmental issues such as desertification, reduced rainfall and climate change.

Trees using water changes a lot annually and is the cause of annual growth rings and water use is counteracted by forests cooling the atmosphere and strong evidence supports that large forest areas cause more rain to fall, which must be considered in forest water licence estimates, currently over-estimating actual water use and supports the idea of a major review of water licensing for forests.

Brian Page,
Mount Gambier

Digital Edition
Subscribe

Get an all ACCESS PASS to the News and your Digital Edition with an online subscription

Great display of bowls in changing conditions

THE Port MacDonnell Bowls Club held its men's and women's Singles Championships on the weekend, with strong bowling on display. Eight women nominated for their...
More News

Tight contests in fours championships

THE Penola Bowls Club held its Ladies and Men’s Championship 4’s on Saturday in windy conditions. Both finals had an extra end and both...

Men and women show their best

THE Millicent Bowls Club held its annual Men’s Singles Championship on Saturday, with the first to reach 25 shots the format for the grand...

Dunn takes the spoils in final event

THE concluding event at Burrungule Park for 2025 took place after the Christmas event. High Gun winners from the South East Field and Game Association`s...

Time-honoured event set for a huge night

A BIG night looms at the Borderline Speedway next week for the running of the 32nd King's Challenge sprintcar event. With the Australian Sprintcar Championship...

New exhibition at Millicent Gallery

The Millicent Gallery will open its 2026 program with Remember to Dream in February, a group exhibition featuring five local artists with longstanding connections...

Hear to entertain across the region

Friday, January 16 Dave Blackett, The Commercial Hotel, Mount Gambier/Berrin, 8pm Shane Carmody, Robe Town Brewery, Robe, 5pm Saturday, January 17 Stamina, The Commercial Hotel,...

Archive goes digital for history group

THE Mount Gambier History Group has transitioned into the digital age, recently installing new computer servers to secure its expanding archive. Supported by a community...

Federals claim win with late rally

FEDERAL 8 D TIGERS 4 A FOUR-RUN sixth inning broke open a close game as Federals secured an 8-4 win over a determined Tigers in...

Tigers secure solid victory with early surge

TIGERS 8 D FEDERAL 2 A POWERFUL and patient offensive approach led Tigers to an 8-2 victory over Federals in Division 1 baseball on Saturday,...

Turner’s triple sparks Central to decisive win

CENTRAL 13 D SOUTH 2 CENTRAL showcased a powerful and patient offensive display, defeating South 13-2 in Division 1 baseball on Friday. The victory was...