Government’s emissions pricing proposal is not what sector proposed | Ep. 35

Talking Dairy

The Government has released its agriculture emissions pricing proposal. While the Government has accepted the sector’s recommendation for a farm-level split-gas approach, that’s where the similarities end. So, what does the Government’s proposal mean for dairy farmers? How does it differ to what the sector, through He Waka Eke Noa, recommended? And will the Government’s plan lead to reductions in methane, and without significantly affecting farmers’ businesses and the New Zealand economy? In this episode we're joined by DairyNZ strategy and investment leader Bruce Thorrold, who’ll explain the Government’s proposal, how it stacks up, and what it really means for dairy farmers.
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Chapters:
0:41 – Is DairyNZ happy with where things have landed?
1:16 – What are the changes to what the sector proposed?
3:22 – Biggest areas of concern?
4:03 – What is the Government’s proposal?
4:58 – Any positive in the Government’s proposal?
6:14 – Pros and cons of the two Government options for nitrogen pricing
7:33 – Pricing incentives
7:53 – Sequestration recommendations
11:16 – Concerns about processer-level levy backstop option
12:47 – Reduction in milksolids production
14:14 – Any chance agriculture could still end up in the NZ ETS?
14:32 – What happens if politicians and farmers can’t find a compromise?
15:40 – Industry response and consultation period
16:02 – Details of the final decision from Government