Market Closed

23 Oct 2024 04:52:43

No free pass in ETS decision

Posted: 11 Jun 2024

Farmers are cautioned that despite being kept out of the Emissions Trading Scheme, there will be no free pass given by high value markets to allow emissions to continue unrestricted.

 

The government has confirmed agricultural ruminant emissions will be kept out the ETS, with a new Pastoral Sector Group established to develop a strategy to deal with pastoral methane.

 

But Troy Baisden, University of Auckland professor and co-president of the NZ Association of Scientists, said farmers are being done no favours if there was no viable system put in place to help regulate and reduce emissions.

 

Read more on Farmers Weekly.