July 1, 2022

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New Zealand has set prices for sheep and cattle to reduce greenhouse gases

New Zealand has set prices for sheep and cattle to reduce greenhouse gases

Wellington.- New Zealand A draft was released this week Pricing plan A Agricultural emissionsIn an attempt to deal with the biggest one Sources of greenhouse gases From the country, The noise of sheep and cows.

The project will make New Zealand, a major exporter of agricultural products, the first country to pay farmers’ emissions from livestock, the environment ministry said. With a population of five million, New Zealand has about ten million livestock and 26 million sheep.

Nearly half of its total greenhouse gas emissions come from agriculture, mainly methane. But agricultural emissions are exempt from the country’s emissions trading plan Criticism of the government’s commitment to controlling global warming.

New Zealand Prime Minister Jacinta Artern (file)

According to the draft plan prepared by the representatives of the government and the agrarian community, Farmers will have to pay for greenhouse gas emissions from 2025. Short-term and long-term agricultural gases will be priced separately, although the same measurement will be used to calculate their quantity.

“There is no doubt that we need to reduce the amount of methane we emit into the atmosphere Effective emissions pricing for agriculture will be a key component in achieving thisClimate Change Minister James Shaw said.

The scheme includes incentives for farmers to reduce emissions By feed combinationsCan be used to offset afforestation emissions. Proceeds from the project will be invested in research, development and consulting services for farmers.

“Our recommendations will enable sustainable food and fiber production for future generations, while at the same time contributing to the fulfillment of our country’s climate obligations,” said Michael Ahi, President of Hee Waka AK Nova, the primary sector climate action association.

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The company also recommended imposing different rates for methane associated with the use of fertilizers, although it is more harmful to the environment compared to carbon dioxide and nitrous oxide.

The plan could spell the biggest regulatory upsurge in agriculture since the abolition of farm subsidies in the 1980s.According to Susan Gilsby, agronomist at ANZ Bank.

Agriculture accounts for 10% of New Zealand’s GDP and 65% of export earnings. The country’s government, which aims to neutralize pollution by 2050, has until the end of the year to decide how to tax emissions from the agricultural sector.

Reuters Agency