Section

Planned ‘burp tax’ on farmers raises prepoll stink in NZ

11 months ago Philippines inquirer

A PHP Error was encountered

Severity: Warning

Message: getimagesize(https://newsinfo.inquirer.net/files/2023/10/552535-300x200.jpeg): Failed to open stream: HTTP request failed! HTTP/1.1 403 Forbidden

Filename: views/amp_news_detail.php

Line Number: 138

Backtrace:

File: /home/moneynations/public_html/application/views/amp_news_detail.php
Line: 138
Function: getimagesize

File: /home/moneynations/public_html/application/controllers/News.php
Line: 132
Function: view

File: /home/moneynations/public_html/index.php
Line: 291
Function: require_once

WELLINGTON—New Zealand has a plan to tax farmers for their livestock’s burps and farts—and it’s causing a stink ahead of Saturday’s general elections. The economy is driven by agriculture with around 10 million cattle and 25 million sheep roaming the nation’s pastures. So in the fight against climate change, New Zealand’s government has targeted livestock as it drives toward a target of net-zero greenhouse gas emissions by 2050. Just under half of New Zealand’s emissions come from agriculture, and cattle are the main culprits. Their belches and farts contain methane, which is far less abundant in the atmosphere than carbon dioxide, but is responsible for around 30 percent of the global rise in temperatures to date. To help combat global warming, New Zealand was one of the first countries to announce it will start pricing agricultural emissions—in effect taxing burps and farts from livestock. Farmers will be taxed according to farm area, livestock numbers, production and their use of nitrogen fertilizer, in an effort to cut agricultural emissions by between 24 and 47 percent by 2050. Amid fears the pricing will hurt profits and threaten livelihoods, farmers held nationwide protests last October in New Zealand’s main cities. Impact on rural vote A year later and with general elections looming on Saturday, emissions pricing is still weighing on the minds of New Zealand’s farmers. “I think it will impact on how agricultural rural communities vote this election,” Kate Wyeth, a sheep and beef farmer near the capital Wellington on the North Island, told Agence France-Presse (AFP). “Particularly whichever party—or group of parties—is looking at giving the agricultural industry time to adapt new technologies that aren’t even available to us yet.” To give farmers more time to get ready, the Labor government, which lags nationwide in opinion polls, has pushed the start of the emissions pricing back from the first to the fourth quarter of 2025. Opposition center-right party National has said it will push it back further to 2030 if elected. Viable business? Wyeth said that until technologies are developed—for example, feeds given to livestock that reduce methane emissions—farmers feel their only choice is to reduce livestock numbers. “The technologies aren’t quite here yet to help us,” said Wyeth, vice president of the local farming federation. “Some of the only ways we are looking at reducing our emissions is by destocking and not running these animals on our farms.” As a Read more at: inquirer

Tags : planned farmers raises prepoll stink

Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Bollywood charcha does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.

You May Also Like