NC-021··National-led coalition (with ACT & NZ First)·budget
Agricultural emissions pricing work defunded
Harm -1What happened
Budget 2024 cut funding for agricultural emissions pricing policy work from ~$167m to ~$3m over four years (part of broader CERF/agriculture savings).
Why it matters
Ends practical pathway to price NZ's largest emissions source after removing agriculture from ETS.
Impact assessment
Defunds implementation capacity; reinforces delay to 2030 pricing pledge.
Scale: ~$164m reduction (4 years)
Attribution
shared (high confidence) -National, ACT, NZ First
Budget 2024; complements NC-002 ETS removal.
Coalition period: National-led coalition (with ACT & NZ First) (27 November 2023 - present)
Categories
mitigationgovernance