Emissions trading in the dairy sector
Tim Cronshaw had a very one sided article in the Press yesterday about what the Government’s ‘Emissions Trading Scheme’ (ETS) may cost dairy farmers to reduce their emissions from cows, on the farm and energy used in the manufacturing process.
Cronshaw quotes Wellington analysts Infometrics who modeled that the Government’s ETS scheme could hit dairying production by a third in 2025.
Fonterra says reducing the carbon footprint of dairy farms would cost its suppliers 3c/kg of milk solids in 2010, 10c by 2013 and 30c by 2025 calculating that reducing greenhouse gas emissions will cost its dairy farmers $500 million a year by 2025.
Those are scary numbers but so are these. Read more »
