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AFR: Logging native forests in Victoria costs more money than it makes

Immediately ending native forest logging across Victoria’s central highlands, one of the world’s most intense carbon sinks, would generate an extra $60 million in benefits for the state this decade alone.

In a challenge to the Andrew government’s ongoing support for logging of native wet forests – a position that Greens are actively campaigning against in the state election – a report by the right-leaning Blueprint Institute to be released on Tuesday finds preserving trees generates more in tourism, water supply benefits, and carbon credits than cutting them down.

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