NZ ETS Settings Hold Steady Amid Shortfall Warning
The Climate Change Commission has recommended maintaining the current New Zealand Emissions Trading System (NZ ETS) settings but warns of a potential unit shortfall as early as 2028.
Members of the Climate Change Commission will meet leaders of Groundswell, in a sign that the Government might finally be realising the lobby group's influence.
Commission members will travel to the South Island to meet with Laurie Paterson and Bryce McKenzie.
The Groundswell leaders will get their chance to air their grievances on the Government's draft agricultural emissions pricing proposal and He Waka Eke Noa, which will tax farmers for the emissions created on their farms.
Groundswell recently presented a petition opposing a tax on food production, with 106,000 signatures to Labour Ministers. The Prime Minister has refused to meet the group.
Federated Farmers says the Government’s latest investment in road resilience is a positive step toward protecting rural communities and freight routes from increasing severe weather events.
The stockfood storage capacity of J Swap Stockfoods continues to grow in the South Island with the opening of a new store that boosts its capacity in Christchurch and work starting on another store in Southland.
Fonterra has lifted and narrowed its full year forecast earnings range to 60-70 cents per share after a strong quarter, supported by robust milk production, strong shipment volumes and continued demand across its Ingredients and Foodservice businesses.
Fonterra has announced it will continue with the planned expansion of its organic business into the South Island.
New Zealand farmers have been told they all have amazing people on their farms and have been urged to be “that one person” that can make a huge difference to those going through tough times.
OPINION: For thousands of Southland farmers, this week would have tipped them into the non-compliant category when it comes to following regional freshwater plan rules. But the Government has stepped in to give them the clarity they deserve.