However, Wills thinks that the lesson of the Australian carbon pricing scheme, announced last Sunday, is that New Zealand should not tax livestock emissions. Agriculture is due to enter the NZ Emissions Trading Scheme on 1 July 2015.
Here is a chart for Bruce which explains why Australia can leave agriculture out of its carbon price scheme and also why New Zealand can't.
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Thats right. In 2009, agricultural GHG emissions were 48% of New Zealand's GHG emissions, and 16% of Australia's emissions.
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