“New Zealand has chosen the European Union path to Emission Reduction and Emissions Trading Program.
They are going to regulate their farming community—world food supply, NZ economical development be damn.”
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The emissions trading program is New Zealand’s most powerful tool to reduce greenhouse gases. But the loss of ranch land to carbon farming could threaten one of its most iconic industries and change the face of idyllic rural areas. Farmers and agriculture experts have voiced concerns that sheep and cattle ranching, a major employer in many communities and one of the country’s top exporting sectors, is bound for a significant decline.
https://www.nytimes.com/2022/08/11/business/new-zealand-carbon-farming.html