"Looking back to when New Zealand signed up to the Kyoto Protocol, it would be reasonable to assume that the government would have wanted to protect the critical agricultural industry from the cost of carbon pricing. Instead our government did the opposite and included agricultural emissions in its Kyoto obligations making New Zealand the only country in the world to have agricultural emissions included as a part of its Kyoto Protocol commitments."
I am amazed that as the emissions trading bills wends its way through parliament that little or nothing has been noted of this fact. I could be wrong, but I don't recall anything from the Hive or Fran O'Sullivan, who have done sterling work in covering the legislation.
But, yes, it's one of those gobsmacking moments when you sit back and think that the New Zealand government has needlessly endangered one of the few successful industries we have- farming.
Now, it was National that signed Kyoto in the 1990s but Liarbour is pushing through emissions trading today.
So who do we blame for this most almighty cock up of multi-billion dollar proportions?
As Muriel Newman says:
"New Zealand farmers should not be penalised for the inadequacies of those who invented the scheme. They need political leaders who will question the legitimacy of these matters on their behalf, mindful of the fact that the only way that other countries have successfully reduced their emissions of methane is by reducing livestock numbers. To expect New Zealand farmers to follow this course of action and exacerbate the world food shortage crisis and destroy the backbone of our economy is lunacy.
Farming leaders have warned that the imposition of Kyoto taxes at the levels being talked about in the emissions trading bill, will critically damage the viability of our most important export industry."
Hat tip: Crusader Rabbit
UPDATE: Sir David Bellamy explains why cows and sheep should be exclused from emissions trading.