New Zealand pushes for ‘fart tax’ to tackle climate change

Published

2 years ago

October 12, 2022

In a world first, New Zealand is pushing ahead with their proposal for a ‘fart tax’ to help fight climate change

New Zealand is considering giving a ‘farm tax’ to farmers for the methane gas emitted by their cows and sheep.

All in a bid to reduce greenhouse gas emissions from agriculture by 2025, which account for over 50% of New Zealand’s total emissions.

“New Zealand’s farmers are set to be the first in the world to reduce agricultural emissions, positioning our biggest export market for the competitive advantage that brings in a world increasingly discerning about the provenance of their food.”
Jacinda adern, New zeland prime minister

The tax would be levied on methane, a powerful gas that is produced by cows and sheep when they digest food.

The government is hoping that the tax will incentivise farmers to adopt practices that would reduce emissions from their herds.

Practices like changing the animals’ diets, or using technology to capture and use the methane gas for energy.

The tax will potentially set a precedent for other countries to follow suit.

Turns out tackling climate change will require everyone to do their part- even the cows.

Think I need to get my cows to burp more. pic.twitter.com/spNTqhCjEt
— Andrew Hoggard (@andrew_hoggard) October 5, 2022

New Zealand farmers are not happy about the proposal, many saying it’s “a laughing stock” and will destroy their production line.

“Our plan was to keep farmers farming… Instead farmers will be selling so fast you won’t even hear the dogs barking on the back of the ute (pickup truck) as they drive off.”
Federated Farmers President Andrew Hoggard

Federated Farmers President Andrew Hoggard

Trump does not want another debate rematch with Harris

Published

1 day ago

September 13, 2024

ticker NEWS

Republican nominee Donald Trump said on he would not participate in another presidential debate against Kamala Harris ahead of the Nov. 5 election.

“THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social.

Although Trump touted his performance on Tuesday against Harris, six Republican donors and three Trump advisers believe Harris had won the debate largely because Trump was unable to stay on message, according to a report by Reuters. #featured #trending

News

Billionaire & engineer make history after world’s first private space mission

Published

1 day ago

September 13, 2024

ticker NEWS

A billionaire and an engineer have made history with the world’s first private spacewalk aboard SpaceX’s Crew Dragon capsule.

Jared Isaacman and Sarah Gillis stepped outside SpaceX’s Crew Dragon capsule for nearly two hours, tethered to the craft as it orbited Earth.

This risky mission tested new spacesuits and technology, pushing the limits of private space travel. #featured #trending

Money

What to expect for IPO markets

Published

2 days ago

September 13, 2024

ticker NEWS

With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts