Nestle reportedly withdraws from methane accord
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
ACT Party primary industries spokesperson Mark Cameron says farmers are right to be angry over the Government’s emissions pricing plan.
The plan, which is currently up for consultation, would see farm emissions priced at the farm level.
Cameron says the whole country should be “up in arms” over the policy.
His comments come as farmers take to motorways, towns and cities in a protest organised by rural lobby group Groundswell NZ against the policy.
“The Government claims it has worked with the agriculture industry, but it has come out with a proposal that doesn’t even resemble what the industry put forward.”
Cameron says the Government’s plan doesn’t recognise sequestration and doesn’t involve farmers involve farmers in the governance.
“Without new technologies before 2030, the Government estimates a 5.3% reduction in dairy, 21.4% reduction in lamb and 36.7% reduction in beef,” he says.
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ACT primary industries spokesman Mark Cameron. |
Cameron claims that if the policy were to go through small towns like Wairoa, Te Kuiti and Moerewa would lose their main employers, and provincial towns would be hammered.
“The policy will increase emissions,” he claims, pointing to the He Waka Eke Noa Independent Report.
The report states that with partial offsetting, there could be a 15% increase in global emissions for every tonne of emissions reduced.
“The Prime Minister wants to go on the world stage and say that New Zealand is the first country to price agricultural emissions. But under this proposal we won’t be leading, we’ll be bleeding,” says Cameron.
A partnership between Canterbury milk processor Synlait and the world's largest food producer, Nestlé, has been celebrated with a visit to a North Canterbury farm by a group including senior staff from Synlait, the Ravensdown subsidiary EcoPond, and Nestlé's Switzerland head office.
Canterbury milk processor Synlait is blaming what it calls "a perfect storm" of setbacks for a big loss in its half year result for the six months ended January 31, 2026.
More of the same please, says Federated Farmers dairy chair Karl Dean when asked about who should succeed Miles Hurrell as Fonterra chief executive.
A Waikato farmer who set up a 'tinder' for cows - using artificial intelligence to find the perfect bull for each cow - days the first-year results are better than expected.
Fonterra says it's keeping an eye on the Middle East crisis and its implications for global supply chains.
The closure of the McCain processing plant and the recent announcement of 300 job losses at Wattie’s underscore the mounting pressure facing New Zealand’s manufacturing sector, Buy NZ Made says.

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