New Zealand emissions tax pushed back
Farmers in New Zealand have been told that they will now have until the end of 2025 before they have to pay for methane emissions from cattle and sheep.
As one of the first countries to charge for agricultural emissions, the country’s Labour government announced the push back in its plans having originally intended to start the charging from the beginning of 2025.
Damien O’Connor, Agriculture Minister said pricing of such emissions would start in the fourth-quarter of 2025, back from a previously planned start in the first quarter to give farmers more time to adjust.
Kate Acland, chair of Beef and Lamb New Zealand, said in a statement “There is no sound rationale for pricing when the sector is making good progress towards meeting emissions reduction targets,”.
Photo by Martin Bisof on Unsplash
