The world-first scheme will see farmers paying for agricultural emissions in some form by 2025.

The country’s farming industry accounts for about half of its emissions.

But farmers have been quick to criticise the plan, with one lobby group saying it would “rip the guts out of small-town New Zealand”.

Prime Minister Jacinda Ardern said money raised from the proposed levy will be pumped back into the industry to finance new technologies, research and incentive payments for farmers.

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