Strong farmer interest in emissions pricing options
Agriculture’s emissions pricing alternatives are attracting good interest from dairy, sheep and beef farmers. Ensuring an emissions pricing system delivers in the long-term, at individual farm level and on specifics such as recognition for sequestration and distribution of funds, are hot topics as the consultation heads toward its close on March 27. DairyNZ and Beef + Lamb New Zealand (B+LNZ) are industry partners of the Primary Sector Climate Action Partnership, He Waka Eke Noa, which is advocating for farmers to get a fair deal when agriculture emissions are priced by 2025. He Waka Eke Noa will put its proposed alternative to the Emissions Trading Scheme (ETS) to government by May 31, after taking farmer feedback into account. DairyNZ chair Jim van der Poel says farmers want to understand how the He Waka Eke Noa options (farm level and processor-level hybrid) are workable solutions for agriculture. “We are talking to farmers about how the He Waka Eke Noa options will allow a lot more recognition for emissions reductions on farm than the ETS – and that includes better recognition of sequestration from trees,” said Mr van der Poel. “We’re also discussing how the revenue generated will be used to support farmers to further reduce emissions, in a fair and transparent way. “We are continuing to hear farmer feedback this month, but already we are seeing a trend toward farm-level pricing, where farmers pay for emissions at individual farm level and are therefore credited for their good work to reduce emissions,” said Mr van der Poel. “It is encouraging to see the level of debate and discussion. We are looking at how to incorporate that feedback to further strengthen the options we have presented.” Farmers have overwhelmingly said they don’t want to go into the ETS and they really like that both […]