New Zealand: Emissions pricing report shows progress

It confirms that the Government has agreed to a farm-level split gas levy rather than agriculture entering the NZ Emissions Trading Scheme (ETS). B+LNZ chief executive Sam McIvor says the report is a significant improvement on what was proposed by the Government in October and follows the He Waka Eke Noa partners’ consultation submission and ongoing work to address a range of issues. "B+LNZ and our farmers are highly concerned about the impacts of agricultural emissions pricing and we won’t stop working for the right outcomes. We’re not there yet, as there are a lot of details to work through, but we have moved closer to what the He Waka Eke Noa partners recommended in our November submission. "The Government has committed to designing a system that is practical to implement while ensuring that a viable and productive agricultural sector continues - we’ll hold them to account on that. "In this regard the Government has committed that methane and nitrous oxide prices should be as ...