Market Closed

27 Dec 2024 05:52:59

Protecting ETS credibility

Posted: 04 Dec 2024

Agriculture and Forestry Minister Todd McClay and Climate Change Minister Simon Watts have today announced clear rules to limit farm to forestry conversions entering the Emissions Trading Scheme (ETS). 

 

“These changes deliver on a key election commitment to protect food production for farmers while providing ETS certainty for foresters,” Mr McClay says.

 

“They also address the previous Government’s failed ETS policies that incentivised large-scale conversions, created ETS complexity, and undermined our world-best primary producers.” 

 

Read more on Beehive.