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.
Dave Read says the Climate Change Commission report heavily relies on forest planting to offset emissions.
OPINION: Dear Ministers Nash and Shaw,
The Climate Change Commission (CCC) has presented a report with a lot of rhetoric about the importance of reducing gross emissions.
However, it heavily relies on forest planting to offset emissions, while we delay tackling transport, yet again. There is no mechanism suggested to limit the surge in exotic afforestation unleashed by higher carbon prices under the ETS. The Government is very happy at the unexpected low cost of the actions proposed by the CCC.
Late last year, Te Uru Rakau released the report Economic Impacts of Forestry in NZ by Price Waterhouse Cooper (PwC). This report maintains that forestry is a better land use than sheep and beef farming on our hill pastures, producing more direct employment and a better economic outcome for NZ. This report is deeply flawed.
The acting director general of Te Uru Rakau has refused to withdraw this report, so I have taken a case to the Ombudsman.
Here is a summary. Points 1 & 2 together mean that the reality is that sheep and beef farming generates more direct employment per 1,000ha, not less.
In brief:
I am happy to supply the documents that support my assertions or discuss this issue further.
Dave Read
RD 3
Wairoa 4193
“We’re not normal.” That’s how Jack Walters, executive director of Pungent Pukeko, describes his gin brand, which has just won gold at the World Gin Awards.
Dr Tim Harwood, a seafood food safety research leader, has been awarded the 2026 Significant Contribution Award at the New Zealand Institute of Food Science and Technology (NZIFST) Food Industry Awards.
Today marks the first day of operations for Waikato Waters, a new council-controlled organisation established by six district councils to deliver water and wastewater services for their communities.
The Ministry for Primary Industries (MPI) has announced has opened applications for the 2026/27 funding round of the Greenhouse Gas Inventory Research (GHGIR) fund.
New Zealand’s vegetable sector will take centre stage at Parliament today, celebrating a vital industry and sharing a clear, future focused vision for how it can continue to thrive.
New Zealand red meat exports reached a second consecutive monthly record in May, rising to $1.6 billion, according to the Meat Industry Association.

OPINION: Central Hawke's Bay farmer Mark Warren recently told the Hawke's Bay Times it's time for a conversation about allowing…
OPINION: A nation that relies as heavily as NZ does on functional global shipping lanes will have to do its…