@article{Foote:187496,
      recid = {187496},
      author = {Foote, Kyleisha and Joy, Mike},
      title = {The true cost of milk: Environmental deterioration Vs.  profit in the New Zealand dairy industry},
      address = {2014},
      number = {1172-2016-93347},
      pages = {16},
      year = {2014},
      abstract = {Over the past two decades, major increases in production  have occurred in the New Zealand dairy industry. This has  required the use of externally sourced inputs, particularly  fertiliser, feed supplements, and irrigation. Contemporary  New Zealand dairy farming practice incurs environmental  externalities: impacts that are not paid for by the dairy  farmer. Hence, the public is left to deal with these  externalities, both regarding the economic responsibility  and environmental degradation. This study estimated that  the economic cost of environmental externalities is higher  than the 2012 dairy export revenue of $11.6 billion.},
      url = {http://ageconsearch.umn.edu/record/187496},
      doi = {https://doi.org/10.22004/ag.econ.187496},
}