Soil carbon is not accounted for in this country's carbon inventory, because it is difficult to measure and fluctuates with soil moisture. Landcare measures soil carbon at 500 sites across NZ and has measured 20-year trends under different land uses. Soil under grassland pasture averages 106 tonnes of carbon per hectare, with annual cropping this reduces by 16.2 tonnes and with exotic forest it reduces by 13.7 tonnes.
Is it fair or right to ignore part of the natural carbon cycle just because it is difficult to measure, so it is hard to place a monetary value on it? Agriculture is liable for the methane belched from livestock, but it receives no credit for the carbon removed from the atmosphere by photosynthesis or sequestered in the soil.
How we measure and account for our country's greenhouse gas emissions is set by the United Nations led IPCC. There are many flaws as to how emissions are accounted for; emissions are accounted for on a production basis rather than consumption, international offsetting is allowed utilising poorer countries' land resource to offset the emissions from the lifestyles of wealthy economies. In the Paris Accord the exclusion of emissions from air travel is a classic example. There is little motivation to change the rules when wealthy economies can maintain headroom for future warming while restricting the opportunities of agriculture dependent countries, being most developing nations along with our country.
We have some politicians who have staked their reputations on transitioning New Zealand to being Carbon Zero by 2050 or earlier. Their egos will reap the benefit, but the process to achieve it will deny future generations of New Zealanders of prosperity and opportunities. They are prepared to use agricultural land on which to plant trees to provide a 40-year band aid; it will look good on the greenhouse gas accounting ledger because of the current flawed rules, but once they are harvested or reach maturity, they will provide no further benefit to the planet's climate. Future generations of New Zealanders will be denied the opportunity of benefiting from this land, whether it be farming it themselves or from benefiting from the money that it brings into the country and our regional communities.