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Speaker 1: So this was Toby from Federated Farmers talking about the

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Speaker 1: Climate Change Commission's plans for how we're going to meet

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Speaker 1: our climate targets, new ones that are coming at us,

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Speaker 1: including fifteen percent. We're going to go out and shoot

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Speaker 1: fifteen percent of the dairy house, twenty four percent of

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Speaker 1: the sheep and beef, and we need to plant a

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Speaker 1: whole bunch of a whole bunch of trees, apparently enough

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Speaker 1: trees to cover all of Gisbond and all of Hawks Bay,

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Speaker 1: and then we're still looking for more land.

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Speaker 2: Absolutely ridiculous. And we've just been through a winter where

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Speaker 2: people couldn't afford to buy and new head and beef

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Speaker 2: and lambs. We imported Australian stuff. So everybody's you know,

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Speaker 2: shock and amazing. I mean, that's just if they're ware

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Speaker 2: to heap with this. There're no one in his edit

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Speaker 2: is ever going to be able to buy our dairy,

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Speaker 2: our beef and our lamb is going to be too

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Speaker 2: expensive for them. So we're going to start becoming a

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Speaker 2: net food importer, which is just absolute madness.

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Speaker 1: Jamie McKay Hosts of the Countries with Us. Hello Jamie, Hello,

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Speaker 1: he the thoughts.

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Speaker 3: Well come with Toby. To be perfectly honest, those numbers

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Speaker 3: are a bit are a bit of an eye opener,

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Speaker 3: aren't they? Twelve to fifteen percent fewer dairy couse, Just

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Speaker 3: remember New Zealand if you're listening for them, what's going

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Speaker 3: to get us out of the economic hole? It's probably

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Speaker 3: a nine dollars fifty or a ten dollar payout. So

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Speaker 3: the last thing we want to do, and I want

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Speaker 3: to be environmentally friendly about this too, Heather, the last

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Speaker 3: thing we want to do is a nation has reduced

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Speaker 3: our dairy heard, I would think by fifteen percent, not

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Speaker 3: to mention eighteen to twenty four percent for sheep and beefstock,

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Speaker 3: and they'll be the real losers from this suggestion. I

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Speaker 3: know that Toby Williams is very very passionate about protecting

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Speaker 3: some of that rolling hill country land. Look, it's an

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Speaker 3: absolute shame that some of it is going to trees.

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Speaker 3: And I'm not against trees, but at the moment, aid

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Speaker 3: is the carbon credits. But b there isn't a great

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Speaker 3: return for logs at the moment. And once we plant

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Speaker 3: this in trees, Heather, it takes a lot of undoing.

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Speaker 3: You're talking about a thirty year cycle. From planting to harvest,

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Speaker 3: and even then you just can't go and plant grass

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Speaker 3: after pine trees have been there for thirty years. The

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Speaker 3: pine needles are very acidic, and you have to do

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Speaker 3: a whole lot of things to soil without complicating it

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Speaker 3: before you can move that back to pasture.

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Speaker 1: Yeah, well, here's hoping that some common sense prevails in

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Speaker 1: this particular part of the world. But on common sense,

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Speaker 1: how about A and Z being the one bank that's

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Speaker 1: not going to introduce the climate targets.

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Speaker 3: I'm very pleased about that. And the reason I'm pleased

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Speaker 3: and I think whoitness has taken over here because it's Westpac,

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Speaker 3: B and Z ASV and my mates at Rabobank have

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Speaker 3: all set twenty thirty reduction targets. I think they should

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Speaker 3: be butting right out of it. And A and Z, interestingly,

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Speaker 3: Heather and it was good to hear their chief executive,

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Speaker 3: Antonia Watson, come out and save this. They have the

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Speaker 3: biggest rural portfolio of all the banks because back in

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Speaker 3: the day, A and Z combined with the National Bank,

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Speaker 3: and if you go back one step further, they took

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Speaker 3: over the Rural Bank which had the biggest rural portfolio.

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Speaker 3: So you know Antonia Watson saying at the moment, and

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Speaker 3: we're not setting a dairy target, and the reason is

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Speaker 3: that we don't see a pathway clearly for our dairy

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Speaker 3: customers to reducing emissions. We're waiting on new technology, We're

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Speaker 3: waiting on new science, We're waiting for all these solutions.

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Speaker 3: In my humble opinion, and I said this to Todd Charteris,

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Speaker 3: chief executive of Ravo Bank on my show on Monday,

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Speaker 3: I think the banks have gone woke. They need to

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Speaker 3: butt out of this. This is a government decision, not

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Speaker 3: a bank decision. And if the processes want to put

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Speaker 3: on a levy at process at the processor level, let

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Speaker 3: them do that. But if I want to change farmer behavior,

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Speaker 3: and I'm bloody banging on a I'm repeating myself and horrifically,

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Speaker 3: just give the farmers a premium for zero carbon or

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Speaker 3: reduced carbon produce and they will change they're farming practice

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Speaker 3: to suit. It's a really simple equation.

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Speaker 1: It really is, Jamie, Thank you very much. Enjoy your

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Speaker 1: evening as Jamie McKay host to the Country. For more

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Speaker 1: from Hither duplessy Ellen Drave, listen live

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Speaker 3: To News Talk SEB from four pm weekdays, or follow

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Speaker 3: the podcast on iHeartRadio