Prime Minister Jacinda Ardern says all the money collected from the proposed farm levy would be put back into the industry to fund new technology, research and incentive payments for farmers.By reducing agricultural emissions, she adds that New Zealand’s biggest export market would gain a “competitive advantage… in a world increasingly discerning about the provenance of their food."“Taking the lead on agricultural emissions is both good for the environment and our economy.”Why is New Zealand proposing a tax on farm emissions?The new farm emissions pricing system proposals were put forward by He Waka Eke Noa, a partnership between the government, the primary sector, and iwi/Māori.And that means far fewer cows, it means cutting synthetic nitrogen fertiliser, and backing a shift to more plant-based regenerative organic farming.”Consultations on the proposals are now open and they will be finalised next year."