Dairy operator eyes $75m loss without forestry offset scheme
12 May 2008
The emissions trading scheme could cost the owners of one of New Zealand’s biggest dairy conversions $75 million and see prime pastoral farmland remain locked-up in plantation forest unless a forestry offset scheme is introduced.
Wairakei Pastoral – owned by Ross Green, Trevor Farmer and Mark Wyborn – has told the finance and expenditure select committee considering the ETS that the $18.7m proposed compensation package does not come anywhere near the real cost to the company.
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Story copyright © Carbon News 2008
Controversy around NZ’s methane target hits international press
Tue 3 Jun 2025
By Liz Kivi | New Zealand’s approach to methane targets has hit international media, with climate scientists from multiple countries penning an open letter warning Prime Minister Christopher Luxon not to weaken methane targets.
Fed Farmers ‘ready to go into battle’ over methane target
21 May 2025
Federated Farmers say they will never accept a 24% methane reduction target, and they are prepared to go into battle with the government over the issue.
Climate-denying farming groups attack govt’s methane strategy
16 May 2025
A trio of farming groups is claiming that a survey shows 95% of farmers have rejected the government’s methane strategy.
Fonterra linked to illegal deforestation, claims Greenpeace
5 Mar 2025
Dairy giant Fonterra's supply chain is linked with illegal deforestation, according to Greenpeace Aotearoa, after New Zealand's major importers of palm kernel have been found to be illegally operating palm plantations in Indonesia.
Fonterra announces more cash for low-emission farmers
19 Feb 2025
Dairy co-operative Fonterra is introducing higher payments for farms that reduce on-farm emissions.
Swedish company gets $4 million to help curb NZ livestock emissions
13 Feb 2025
Industry-government partnership AgriZeroNZ is investing about NZD $4.2 million in Agteria Biotech, a Swedish company aiming to slash global methane emissions from cattle.
Govt releases controversial methane review
5 Dec 2024
The Government “will carefully consider” the findings of an independent review on New Zealand’s biogenic methane science and targets, it announced yesterday.
Govt sponsors new methane testing facility
4 Dec 2024
A new feed conversion efficiency and methane testing facility is looking to fill a gap in New Zealand methane research.
Low emission meat products 'simply greenwashing'
3 Dec 2024
A new meat product using bobby calves, that its producer claims will address ethical and environmental concerns in the New Zealand dairy sector, is being labelled "industry greenwashing".
Controversy around methane review heats up
28 Nov 2024
The government’s proposal to align methane targets with ‘no additional warming’ is self-serving, unfair to developing nations, and could ultimately harm New Zealand’s reputation and free trade agreements, according to a new report.
