New Zealand to curb climate change by taxing cow and sheep burps

New Zealand plans to reduce the amount of methane the country produces by creating a cow and sheep burp taxation scheme.

Published Jun 14, 2022 12:31 AM CDT   |   Updated Thu, Jul 7 2022 12:03 AM CDT
0 minutes & 59 seconds read time

New Zealand has new plan to impact climate change, and while initially it may sound like a ridiculous plan, officials believe it could have a big effect.

New Zealand to curb climate change by taxing cow and sheep burps 02

Reports indicate that a new draft proposal suggests implementing a new tax that would charge farmers for the amount of methane emissions produced by their livestock. According to the Food and Agriculture Organization of the United Nations, livestock methane and carbon dioxide emissions account for approximately 10% of greenhouse emissions created by human activity. Notably, there are about 1.4 billion cows in the world and each of them produce on average 500 liters of methane each day.

New Zealand plans to reduce its greenhouse emissions by creating a new tax scheme that would charge farmers on the approximate amount of methane produced by their livestock, and if passed the new scheme would begin taxing farmers in 2025. The draft proposal will also provide farmers with incentives to reduce their methane emissions by feeding their livestock a special diet as well as planting more trees. Lastly, the money generated from the tax would be rolled back into research and development to further reduce greenhouse gases across the country.

"There is no question that we need to cut the amount of methane we are putting into the atmosphere, and an effective emissions pricing system for agriculture will play a key part in how we achieve that," said James Shaw, New Zealand's Climate Change Minister.

NEWS SOURCE:webmd.com

Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science and space news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

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