When agricultural emissions are included in the New Zealand Emission Trading System (ETS) the economics of farming will be significantly altered. Under the legislation current in October 2009, in the early years of the system the agricultural sector as a whole would have received NZ units...

Total net GHG emissions from Agriculture, Forestry and Other Land Use (AFOLU) averaged around 12.0 GtCO2eq per year during 2007-2016. Approximately 23% of total anthropogenic greenhouse gas emissions derive from AFOLU, while the global food system contributes nearly one third of global...