By the end of 2022, the Government will need to make a decision on how emissions from agriculture should be priced. We have developed independent, evidence-based advice that will help the Government to make its decisions on pricing agricultural emissions.
There are two parts to our advice:
- Agricultural Assistance - looking at what financial assistance (if any) should be provided to farmers participating in an emissions pricing scheme
- Agricultural Progress Assessment - assessing farmers’ readiness for a farm-level system for pricing agricultural emissions
The He Waka Eke Noa partnership has developed a proposal for pricing agricultural emissions outside of the NZ ETS. Our advice includes an assessment of the progress the He Waka Eke Noa partnership has made to prepare farmers and the sector for a farm-level pricing system.
Agricultural emissions are legislated to enter the Emissions Trading Scheme by 2025. The Government can bring them in sooner if it believes the He Waka Eke Noa partnership has made insufficient progress in preparing the farming sector for farm-level emissions pricing.
Both parts of our advice will help the Government make a decision on agricultural emissions pricing by 31 December 2022.