The Carbon Farming Group is an independent not for profit organisation which provides information to the rural sector on climate change. This website aims to provide an overview of the current issues.
ETS Amendments Now Law
The emissions trading scheme amendment legislation passed it's third reading on the 25th of November to become law. To read a press comment on the law passing visit our News page here.
Main points of the revised ETS include:
Quote of interest:
" we face completely new demands and potential restrictions on our exports." "But it is not about Governments, traditional agriculture protectionism and Government-imposed restrictions. It is about our customers and the giant retailers who decide sourcing." - Tim Groser, Minister of Trade
» Learn how to use this website
The Emissions Trading Scheme (ETS) has been developed to meet New Zealand's commitments under the Kyoto Protocol. All New Zealanders will be affected by the ETS. This will generally be in the form of increased fuel and power costs, but for some it could mean accounting for direct emissions such as methane from sheep and cows.
The Carbon Farming Group has developed simple ETS calculators to enable assessment of potential liabilities and opportunities. There are calculators for:
Science indicating human induced climate change has resulted in the development of the Kyoto Protocol. The Kyoto Protocol has binding commitments for signatory countries (such as New Zealand), to reduce greenhouse gas emissions to 1990 levels by 2012.
It is estimated that New Zealand will require 45.5 million carbon credits by the end of 2012.