Posts tagged "Emissions Trading Scheme"

Jacinda Ardern: New Zealand has ‘potential’ to be 100 per cent clean and green

[13 August/Stuff NZ] Prime Minister Jacinda Ardern states she hasn’t given up on New Zealand becoming 100 per cent clean and green, whilst farmers have acknowledged they trade on that reputation. The Prime Minister reported how the Emissions Trading Scheme needs to be designed so that farmers who are picking up the extra costs associated...

Redmeat sector not happy at emissions fishhooks

[10 August/Rural Life] The red meat industry is concerned about emissions trading scheme proposals as they stand because they believe it will add unnecessary complexity, cost and confusion to the industry as a whole. Justin Courtney, Head of Communications and Sustainability at Silver Fern Farms reported that the Zero Carbon Bill as it stands will...

Food waste cuts may bite farmers

[05 August/Farmers Weekly] The requirement to address food waste is one of the critical issues emerging from the debate on how we feed a growing world population while saving the planet. Developed countries have been estimated to waste around 40 percent of food, with supermarkets throwing out waste as it reaches expiry dates, while a...

National says no place for agriculture in ETS at the moment

[30 June/Scoop] National’s primary sector policy discussion document again indicates the party will not support the inclusion of agriculture into the Emissions Trading Scheme until there are practical technologies available for farmers to reduce emissions. While much of the discussion document is phrased in the way of policy questions, it shows strong resistance to including...

Changes simplify carbon scheme

[14 June/Farmers Weekly] Changes to the Emissions Trading Scheme simplify how applicable forests earn and repay carbon credits, eliminating the need for owners to repay New Zealand Units. Units are equivalent to one tonne of stored carbon, provided the land is replanted in trees when the trees are harvested. It also simplifies by averaging the...

Careful consideration needed before tree-planting – Rabobank

[06 May/The Country] RaboResearch sustainability analyst Blake Holgate reports that farmers need to consider a range of factors before deciding whether planting trees is a better use for their land or in its existing use. Government policy changes in forestry and climate change would make forestry a more appealing land-use option for some landowners however...

Kaikōura farmer’s standoff over Emissions Trading Scheme fines for cleared pines

[28 April/Stuff NZ] Harold Inch states that he was caught unaware when he was fined $85,000 for chopping down trees subject to the Emissions Trading Scheme. Around five years ago Mr Inch purchased the farm near Kaikōura and cut down around half the trees on his property, intending to let the land return to native...

Govt to cap units, bring permanent forestry into ETS

[12 December/NZ Herald] The Coalition Government has announced a raft of changes to the ETS as it strengthens the scheme to utilise it as the country’s main tool to battle climate change.  The changes including putting a cap on the Emissions Trading Scheme (ETS), limiting the number of units that can be traded, and incorporating...

Pāmu breaks ranks with farmers

[7 December/Farmers Weekly] Landcorp’s leadership role in advocating for new agricultural taxes in its submission into the Tax Working Group has not been received well according to Nathan Guy, National Party agriculture spokesman. Mr Guy says Landcorp is driving a wedge between them and mainstream farmers. Advocating environmental taxes, the enhanced Emissions Trading Scheme, water...

Foresters fear carbon auction’s implications

[20 August/Farmers Weekly] Forest Owners Association President, Peter Weir, was troubled by Government proposals to use an auction system as a means of allocating extra carbon units under a revised Emissions Trading Scheme. Under the auction, each bidder would be able to submit multiple bids to create a demand curve that ranks all bids from...

How New Zealand should be getting ready for climate change

[24 May/The Country] Better planning, resourcing and leadership have been called for by a top-level panel tasked with helping New Zealand prepare for a warmer, wetter and wilder future. The Climate Change Adaptation Technical Working Group released 21 major recommendations to adapt to the effects of a transformed atmosphere. Specific recommendations included amending the Local...

Climate change committee members announced

[17 April/Radio NZ] The government announced the expert committee for the Climate Change Commission. They will investigate how New Zealand will transition to a net zero emissions economy by 2025. They will also consider how agriculture can be brought into the Emissions Trading Scheme. The commission will be set up next year. Climate Change Minister,...

Forest rule puts the cart first

[2 April/Farmers Weekly] Neil Walker, a Taranaki farmer, hoped proposed changes would add clarity to the eligibility rules for forests joining the Emissions Trading Scheme. Confusion over criteria made it not only difficult to set aside land as ETS carbon sinks, but deprived owners of poor performing, inaccessible land of a valuable source of income....

More weight for ag emissions tax

[12 March/Farmers Weekly] Climate Change Minister James Shaw advised agriculture could be included in the Emissions Trading Scheme, and the Parliamentary Commissioner for the Environment, Simon Upton, said the policy cannot ignore agricultural emissions. Mr Upton released a report on a Zero Carbon Act with a key goal to get cross-party support for a zero...

NZ carbon price highest in six years

[30 November/ News Room] The New Zealand carbon price has hit its highest level in more than six years due to speculation the Labour Government was likely to lift a cap on the maximum price emitters paid. The price for a New Zealand carbon unit under the Emissions Trading Scheme last traded this morning at...

Kiwis united on water quality, Fonterra chairman says

[6 November/Stuff] Fonterra Chairman John Wilson spoke at the dairy co-operative’s annual meeting on Thursday on the myth of the rural-urban divide when it comes to water quality. He confirmed that farmers were just as committed to achieving swimmable rivers as anyone else. He was disappointed that the supposed divide had been leveraged for political...

Climate change action a winner in coalition deal

[24 October/New Zealand Herald] A deal just signed between Labour, the Greens and New Zealand First confirm climate change policy will play a role in our government moving forward. The parties have agreed to introduce a new Zero Carbon Act and launch a new independent Climate Commission. There remained a question mark over whether agriculture...

ETS review could reduce forest planting while foresters wait for certainty

[28 July/ Stuff] Forest owners and wood processors think uncertainty in the Emissions Trading Scheme (ETS) may reduce forest planting when it needs to increase. Wood Council Chairman Brian Stanley said the important role of the plantation forest industry in locking up atmospheric carbon needs more certainty. Parliamentary Commissioner for the Environment Jan Wright has...

Emissions tax touted for farmers

[28 October/ NZ Herald] A briefing paper from the Ministry of Environment has suggested that the government should review farmers non-inclusion in the Emissions Trading Scheme (ETS) under a proposed revision of the scheme.  A Ministry spokesperson said that the briefing did not amount to a recommendation to the government but was a comment on...