Emissions trading will increase Aussie grazing costs
16 Jan 2009
Emissions trading could increase the production costs for livestock by 18 per cent by 2030 if farmers have to offset methane emissions from their cattle and sheep, according to the Australian Bureau of Agricultural and Resource Economics (ABARE).
And The Australian Financial Review is reporting that cropping expenses could also rise by 6 per cent if farmers have to pay for nitrogen losses from their farm land at a carbon price of $40 a tonne.
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