Farmers in New Zealand have presented their own agricultural emissions pricing system to the government for consideration, as the industry faces pressure to fall in line with the nation’s broader net-zero policies.
The He Waka Eke Noa draft plan “falls short”, according to the nation’s Greens Party, which said it wasn’t clear how the proposal would meet national emissions reduction targets. The government will make a final decision on how agricultural emissions will be priced by December. New Zealand is the world’s biggest dairy exporter, with agriculture playing a major role in the economy. Farming creates methane and nitrous oxide gases, which account for about half of the country’s total greenhouse gas emissions.
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