New Zealand is set to become the first country in the world to have farmers pay for emissions from sheep and cattle.
New Zealand’s Ministers for Agriculture, Climate Change and Environment yesterday released a draft plan to put a price on agricultural emissions, which is intended to reduce emissions from belching sheep and cattle.
Under the draft plan, which has been developed by government and farm community representatives, farmers will have to pay for their gas emissions from 2025.
Short-and long-lived farm gas will be priced separately, although a single measure to calculate their…