ETS costs cut 66% for forest owners – McClay
Additional reductions to costs for forest owners in the Emissions Trading Scheme Registry (ETS) have been announced by the Government.
“Introducing a new tax on farmers while there are few options for reducing emissions will mean farmers have to cut herd sizes and will force emissions overseas,” Cameron says.
“ACT doesn’t accept that farmers should be forced into an emissions trading scheme while there are no credible emissions measurement or reduction technologies available.”
He says the Government should focus on working with the primary sector on more accurate measurement and management frameworks for methane emissions and ensuring there are no barriers to the uptake of new emissions reduction technologies.
“Forcing farmers into an emissions trading scheme will push up the price of mince, milk and cheese at a time when inflation is going from a canter to a gallop but wages are rising more slowly.”
Cameron claims an emissions trading scheme will increase global emissions because people won’t stop eating and the same food will be produced less efficiently offshore.
“New Zealand has the most efficient farming practices in the world. If we stop producing food here, it will go offshore where the practices aren’t as efficient.
“By taxing farmers without credible alternatives for reducing emissions, the Government will be forcing farmers to reduce herd sizes and productivity.”
“ACT urges the Government to listen to Groundswell and consider the alternatives before introducing more damaging climate policies,” Cameron says.
