The lucrative threat to rural communities

The lucrative threat to rural communities
Huge swathes of land are being converted to trees. (Image: Supplied)
Rebecca Howard
Carbon farming may be lucrative, but it creates a “great big mess that someone else has to clean up”, says farmer Kerry Worsnop.“The policy framework has been designed so that as the carbon price goes up, hands down, without any competition at all, carbon becomes the most profitable option,” said Worsnop, who has a sheep and beef farm near Gisborne.“We’ve reached that point with sheep and beef. Actually, we’ve gone past that point with sheep and beef, and it's closing in now on dairy,” she sai...

More Primary Sector

Job cuts on the table at embattled BX Foods
Primary Sector

Job cuts on the table at embattled BX Foods

The meat processor operates a plant in Oamaru.

Riley Kennedy 25 Jul 2024
Foresta parts ways with managing director Ray Mountfort
Primary Sector

Foresta parts ways with managing director Ray Mountfort

The company assured shareholders plans for a biomass plant in Kawerau are on track.

Greg Hurrell 25 Jul 2024
NZ raises its concerns with EU over deforestation regulation
Primary Sector

NZ raises its concerns with EU over deforestation regulation

The regulation is tipped to pose “quite significant burdens”.

Riley Kennedy 25 Jul 2024