The Ministry for the Environment released a discussion document
yesterday with policies building on the Interim Climate Change
Committee's (ICCC) recommendations for agricultural emissions
(see
here).
The Government's preferred approach is that emissions are
priced through the Emissions Trading Scheme (ETS), with:
- Fertiliser emissions priced at the processor (manufacturers and
importers) level – ideally from 2020/ 2021;
- Livestock emissions priced (through a farm level levy/ rebate
scheme) from 2025, if feasible;
- As an interim measure, pricing livestock and fertiliser
emissions at the processor level (dairy processors, meat processors
and fertiliser manufacturers and importers) via the ETS from 2021
to 2025;