New Zealand cattle ‘consumption tax’; Plan to tackle climate change

by time news

Wellington: New Zealand with a separate plan to deal with climate change. The new decision has been imposed on cattle, which play a major role in emitting greenhouse gases globally.

New Zealand is the first country in the world to impose such a tax. The tax will be levied on greenhouse gases produced by domestic animals through defecation and urination. The plan will come into effect by 2025.

Prime Minister Jacinda Ardern said money raised through taxation would be pumped back into agriculture through new technologies, research and incentives for farmers. The new decision has sparked widespread opposition among New Zealand farmers.

The country’s main farmers’ group has accused New Zealand’s main farmers’ group of imposing a tax on cattle that will put New Zealand’s small farmers in crisis and put them out of cattle farming. Cattle emit gases including methane, which cause global warming, through their dung and urine. It is unclear how the plan will be implemented despite objections in New Zealand, which is important for cattle farming and dairy exports.

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