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Farming and the ETS – the latest from the select committee

May 6, 2009 Jeanette Fitzsimons 112

Yesterday we heard all the farming related submissions. Federated Farmers continued to be the most extreme – agriculture should be entirely left out of the ETS because food production is important. But in NZ methane and nitrous oxide from farming are the large half (51%) of our emissions. Leaving them out means taxpayers fork out a hefty subsidy to farming, or other energy users pay twice as much as they otherwise would.

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