Revised methane targets more achievable - farmers
Farmers are welcoming the Government’s revised science-based biogenic methane targets for 2050.
Founder and chief executive of Tāmata Hauhā, Blair Jamieson says he is concerned that the Government’s attempts to change the ETS will take forestry off the table.
Land restoration and investment company, Tāmata Hauhā, is calling on the Government to stop its review of the Emissions Trading Scheme (ETS).
The company claims the review is significantly undermining confidence in the role forestry must play in fighting climate change.
Founder and chief executive of Tāmata Hauhā, Blair Jamieson says he is concerned that the Government’s attempts to change the ETS will take forestry off the table and significantly slow New Zealand’s progress towards reducing the impact of climate change.
“This constant tampering stems from a huge misconception that we have an oversupply of forestry which enables big polluters to purchase cheap offsets to reduce their emissions,” Jamieson says.
“Forestry isn’t the issue,” he says. “The problem is the quantity of fabricated credits the Government gives away or sells to emitters.”
Jamieson says that unlike credits that are sequestered from forestry and that genuinely offset emissions, these credits are not real.
“We understand the Government is set to issue 380 million tonnes of these fabricated carbon credits by 2034 – and because these credits are detached from any genuine sequestration and fail to offset any emissions, they don’t help address our climate emergency,” he says.
“Additionally, only 9% of the ETS is permanent forestry, the remainder is production.”
Jamieson says that to create a sustainable future, there needs to be an exploration of how forestry can contribute to the solution.
“We have a collective responsibility to safeguard the well-being of our planet and future generations,” he says. “We’re urging all stakeholders, including government, industries, and communities to work together to have a mature conversation about recognising and harnessing the potential of forestry as a climate change solution to achieve a sustainable future.”
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
The most talked about, economically transformational pieces of legislation in a generation have finally begun their journey into the statute books.
Effective from 1 January 2026, there will be three new grower directors on the board of the Foundation for Arable Research (FAR).