Ruminant Biotech aims to equip 100 million cows with Emitless methane-reducing tech
New Zealand's Ruminant Biotech says that while it has big goals, the scale of the problem it seeks to solve requires it.
Prime Minister Jacinda Ardern says agriculture is incredibly important to New Zealand, but it also needs to be part of the solution.
“That is why we have listened to the science and also heard the industry and created a specific target for biogenic methane.
“The split gases approach we’ve agreed on is consistent with that commitment.”
The Bill sets a target for 10% reduction in biological methane emissions by 2030, and aims for a provisional reduction ranging from 24% to 47% by 2050.
That provisional range will be subject to review by the independent Climate Change Commission in 2024, to take account of changes in scientific knowledge and other developments.
Ardern says the independent Climate Change Commission, established by the Bill, “will support our emissions reduction targets through advice, guidance, and regular five-yearly “emissions budgets”.
“The Bill also creates a legal obligation on the Government to plan for how it will support New Zealand towns and cities, business, farmers and Iwi to adapt to the increasingly severe storms, floods, fires and droughts we are experiencing as a result of climate change.
“New Zealanders have made it clear they want leadership and consensus on climate change legislation.”
She says “a practical consensus” has been built across the three Government parties that creates a plan for the next 30 years, which provides the certainty industries need to get in front of this challenge.
