Damien O’Connor: NZ united on global trade
When it comes to international trade, politicians from all sides of the aisle are united, says Labour's trade spokesman Damien O'Connor.
Agriculture Minister Damien O’Connor has got offside with the ag sector with the Government’s latest emissions reduction plan announcement.
Government moves on an emissions reduction plan for the primary sector has gone down like a lead balloon with a range industry organisations.
Agriculture Minister Damien O'Connor recently announced a number of measures: including plans to measure and price agricultural emissions at the farm level, confirmation of the split-gas approach and a commitment to set the price at the lowest level possible to meet reduction gains.
O'Connor claims the Government has listened in taking a balanced approach. He says in his meetings with sector leaders, they have reiterated their commitment to taking a collaborative approach on agricultural emissions through the sector partnership He Waka Eke Noa (HWEN).
"We hav shifted farm-level emissions reporting requirements into quarter 4 of 2024; emissions pricing won't start until two years from now in quarter 4 of 2025," O'Connor says. "Work will also get underway to allow scientifically validated forms of on-farm sequestration into the ETS, which can help reduce the cost to farmers."
O'Connor says overseas customers have set high reduction targets on emissions, which he describes as a tectonic shift in our export markets.
He believes that means that NZ farmers will have to reduce their emissions in order to sell to these people.
"The reality is our agriculture sector will have to adapt over the coming years and reduce emissions."
But the announcement drew a sharp response from National's agricultural spokesperson Todd McClay who says Labour is out of touch with farmers and has given up on the rural sector.
McClay claims that the Government has failed to make any progress on agricultural emissions over the last six years.
"They have reheated their tired, old plan which risks closing down up to 20% of sheep and beef farms by requiring farmers to pay for emissions from 2025," he says. "This is Labour's fourth agricultural emissions plan in 18 months. While Labour will sacrifice the economy, National has a plan to meet our climate change targets and keep farmers in busines through innovative new technology."
According to the latest Federated Farmers banking survey, farmers are more satisfied with their bank and less under pressure, however, the sector is well short of confidence levels seen last decade.
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Meat processors are hopeful that the additional 15% tariff on lamb exports to the US will also come off.