What If Kiwi Farmers Were In The ETS ?
Wednesday, 21 July 2021, 9:19 am What would be the cost to a dairy farmer if they were in the emissions trading scheme (ETS)? It is estimated that to produce one tonne of milk solids dairy cows emit about ten tonnes of carbon dioxide equivalent (CO2e) largely in the form of methane. The current value of milk solids is estimated by Fonterra to earn a dairy farmer about $8 a kilo this season, about $8000 a tonne. If dairy was in the ETS, which it is not, at $50 a tonne for CO2e, of the $8000 gross revenue the farmer earned, they would contribute $500 towards Aotearoa’s likely payment to the