The Climate Change and Agriculture Ministers today published a report on the Government’s proposed system, a legislated requirement of the Climate Change Response Act (CCRA).
The report outlines a system to put a price on emissions from agricultural activities as an alternative to the New Zealand Emissions Trading Scheme.
The proposed pricing system is based on the farm-level split-gas levy designed by key representatives of the agriculture sector and the Federation of Māori Authorities as part of He Waka Eke Noa – Primary Sector Climate Action Partnership. The system has been informed by consultation and engagement with Māori, the agriculture sector and public submissions.
The report does not represent final decisions which will be made by Cabinet in early 2023.
The Climate Change and Agriculture Ministers today published a report on the Government’s proposed system, a legislated requirement of the Climate Change Response Act (CCRA).
The report outlines a system to put a price on emissions from agricultural activities as an alternative to the New Zealand Emissions Trading Scheme.
The proposed pricing system is based on the farm-level split-gas levy designed by key representatives of the agriculture sector and the Federation of Māori Authorities as part of He Waka Eke Noa – Primary Sector Climate Action Partnership. The system has been informed by consultation and engagement with Māori, the agriculture sector and public submissions.
The report does not represent final decisions which will be made by Cabinet in early 2023.