New Zealand proposes tax on livestock methane emissions from 2025
15/06/2022
The government in New Zealand is proposing new legislation to tax cow and sheep burps in an effort to combat greenhouse gas emissions.
Methane is a potent GHG but it stays in the atmosphere for a relatively short time, 10-12 years, before breaking down into water and CO2. However, with 10 million cattle and 26 million sheep, New Zealand’s agricultural sector faces a substantial extra cost if the proposed new tax comes into force in 2025.
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