There has been a lot of talk in the media and in boardrooms about a drop in business confidence. This is also a hot topic in the rural sector, with some of the employment law changes causing concerns about the ongoing financial viability of businesses, and economic growth stalling.
Recently, a number of reports about climate change mitigations have been released, including one from Motu called Land-use Change as a Mitigation Option for Climate Change. In my view, this report is required reading for the rural sector. It simply states in its conclusion:
Worldwide, there are protests demanding action on climate change and in New Zealand, the report of our Interim Climate Change Committee is soon to be released. At the same time, there are countries around the world getting “cold feet”.
The Zero Carbon Bill was introduced into Parliament on Wednesday, May 8, and as the Prime Minister has said, it provides certainty to business (particularly the primary sector), and acts as a plan for the next 30 years.