Rural round-up

Homepaddock

Crunch times ahead for agricultural methane and nitrous oxide – Keith Woodford:

New Zealand must quickly come to grips with how agricultural-sourced methane and nitrous oxide are going to be managed within the ‘Zero Carbon Act’, more formally called the ‘Climate Change Response (Zero Carbon) Amendment Act 2019’.   This Act brings both gases into the Emission trading Scheme (ETS) in 2025 unless an alternative charging system can be devised in the meantime.

Initially, the ETS charges will be only 5% of the full carbon charge at that time. However, the percentage will then increase at 1% of the full price each year. Initially, it will only be a few cents per kg milksolids, and a few cents per kg of sheep and beef carcass. But over time it will build up and become painful.

Given the media negativity to dairy, most people probably don’t realise that it will actually impact…

View original post 862 more words

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.