New Zealand could become the first country in the world where farmers have to pay for their livestock's emissions.
New Zealand is considering a pricing system for livestock emissions.(ABC News: Emily Clark)

The proposed farm-level levy system has been worked on by peak farming organisations and the NZ government as an alternative to agriculture being included in New Zealand’s emissions trading scheme.

Beef + Lamb New Zealand chairman Andrew Morrison said under the proposal emissions pricing would not start until 2025, which would give farmers time to prepare.

“This is our sector’s plan to manage emissions on-farm in a practical and fair way while keeping agriculture out of an emissions trading scheme,” he said.

The price for the butter so essential to the pastries has shot up in recent months, by 25% since September alone, Delmontel says.

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