Tuesday, 05 August 2025 11:25

Taxonomy talk

Written by  Milking It

OPINION: Is the Government's taxonomy proposal dead in the water?

ACT won't back making the proposed sustainable finance taxonomy - a classification tool giving banks and investors guidance on how farms are delivering on sustainability - mandatory.

As ACT agriculture spokesman Mark Cameron says: "the whole idea is about of slapping farms with a red, amber or green label so the banks know which ones tick the 'right' boxes, according to a Wellington-approved definition of what's 'sustainable'."

Cameron says it might sound harmless if it stays voluntary.

"But the proposal spells it out: the plan is to make it mandatory down the track. That's where ACT says no."


 Read More:


More like this

Featured

Editorial: The Value of Credibility

OPINION: In politics, credibility is and should be big. It must surely rank higher than charisma, which is quite trite and superficial. Yet, voters nowadays are often wooed and influenced by how someone looks or talks at a superficial level. TV plays a huge role in this.

Kaikōura Families Get School Run Lifeline After Storm

Kaikōura families affected by July's severe storm have found a practical solution to a problem that's kept some children away from regular schooling for weeks: a washed-out section of Inland Kaikōura Road, which has stopped the local school bus from running its usual route.

National

Machinery & Products

» Latest Print Issues Online

Milking It

Domestic Focus

OPINION: After hogging the media limelight for telling a NZ Chinese MP to "go back home", Winston Peters has decided…

A No-Brainer

OPINION: With fuel prices soaring, one would have expected most farmers to be reclaiming excise duty on petrol.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter