Tuesday 10 April 2012

New Zealand economy could get wood biomass boost

According to the New Zealand Bioenergy Association, New Zealand could see a major boost to its economy worth up to NZ$6 billion (€3.739 billion), they claim that this additional boost to the economy could be through wood to produce bioenergy. Now the association has called on the Government to include it within the Government's economic growth agenda.

Rob Mallinson, Chair of the Bioenergy Association of New Zealand (BANZ) said: "There really is no better time to be considering the use of forest harvest and wood processing residues as a fuel for hospitals, institutional and industrial heat applications.

"The forest and wood products sector should be congratulated and supported in their endeavours to get additional value from wood. Currently approximately 10-15 percent of wood is wasted and this is an economic loss to the country as well as lost revenue to forestry and wood processing companies.”

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