B+LNZ gets new CEO
Beef + Lamb New Zealand (B+LNZ) has appointed Alan Thomson as its new chief executive officer.
Beef+Lamb NZ says current Government policies will see too much carbon forestry planted and urgent change is needed.
Last week, Climate Change Minister James Shaw released a discussion paper aimed at helping shape NZ's emissions reduction plan. BLNZ says the paper contains a slight shift in how the Government is talking about the role of carbon-only exotic forestry in addressing climate change.
"We welcome the Government's recognition that fossil fuel emissions must be reduced, rather than continually offset," says chief executive Sam McIvor.
"The discussion document indicates any decision on changing the ETS rules would come by the end of 2022. We're concerned that's not fast enough given the scale and pace of land conversion happening."
McIvor says urgent action is needed to adjust the ETS and limit the amount of carbon forestry offsets available to fossil fuel emitters. NZ is the only country with a regulatory ETS that currently allows 100% carbon forestry offsetting. "We are absolutely not anti-forestry - we're concerned about carbon-only forestry. There is a better solution, where much of New Zealand's required budgets for sequestration from forestry could come from the integration of trees on sheep and beef farms, rather than through conversion of whole farms for carbon forestry."
Keratin extracted from New Zealand wool could soon find its way into products used to minimise osteoporosis, promote gut health, and other anti-inflammatories, says Keraplast chief executive Howard Moore.
DairyNZ has seen a significant increase in the number of farmers improving their wintering practices, which results in a higher standard of animal care and environmental protection.
Every time people from overseas see photographs of cows up to their hocks in mud it's bad for New Zealand.
An eight million dollar, three year campaign to get wealthy Chinese to buy New Zealand beef and lamb is now underway.
The country's largest lender to the agriculture sector says it's not favouring home loans over farm and business lending.
Reeling from two consecutive years of heavy losses, Alliance says it has appointed Craigs Investment Partners to explore external capital-raising options.
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