The Premier says she is still hopeful Parliament will debate forest peace deal legislation tomorrow, despite deferring an emergency cabinet meeting at lunchtime to discuss the matter.
Lara Giddings says she has not heard from environmental and industry groups involved in the informal talks about whether they are close to a deal.
Tomorrow is the last Parliamentary sitting day for the year.
Ms Giddings ruled our recalling Parliament if an agreement is not reached by then.
"I've said very clearly we've got one day left to debate this legislation through the House of Assembly," she said.
Ms Giddings has told reporters the emergency cabinet meeting was deferred because the Government was still waiting to hear negotiators.
It is not known when a meeting will be rescheduled.
Greens leader Nick McKim says there is $100 million in federal funding at stake.
"If there is no legislation passed it's my understanding that Tasmania will miss out on this much needed investment that will mostly go into regional Tasmania and will continue a much needed economic transition and a diversification of Tasmania's economy."