Market Open

7 Dec 2021 14:53:00

Ag sector pricing options document receives criticism

Posted: 23 Nov 2021

Environmental groups are in uproar over a draft plan to price and reduce agricultural emissions as hammered out by the sector and Government.

None of the pricing options identified in the He Waka Eke Noa discussions document released today would reduce emissions by more than 1 per cent on 2017 levels, meaning the Government would likely fail its own goal to reduce methane emissions by 10 per cent in 2030.

Instead, the plan relies on incentives and research being paid for by the fees from the possible levies to spur farmers to become more efficient.

Read more in Stuff.