Agriculture removed from the Emissions Trading Scheme

Agricultural activities have been removed from the New Zealand Emissions Trading Scheme (NZ ETS) with the passing of the Climate Change Response (Emissions Trading Scheme Agricultural Obligations) Amendment Bill on 21 November.

The Bill, introduced to Parliament in June, amended the Climate Change Response Act 2002 (CCRA) to remove all agricultural activities from the NZ ETS, including obligations for agricultural processors and fertiliser importers and manufacturers, to pay for on-farm emissions from January 1, 2025.