Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Is Kyoto Worth It?


Is Kyoto Worth It?

The government should review its position as a signatory to the Kyoto Protocol, said Don Nicolson, the climate change spokesman for Federated Farmers of New Zealand.

His comments follow the government saying that signing the protocol would cost New Zealand about $500 million over four years – a sharp reversal from an expected $500 million surplus due to an abundance of forest sink credits.

“The government sold the Kyoto Protocol to New Zealanders as a great and wonderful money-earner. The Climate Change Minister’s announcement yesterday suggests this is no longer the case.

"The logical conclusion is the government must urgently review whether it should remain a party to the protocol."

Farmers are wary of why it has taken the government so long to come clean on how much their decision to ratify the Kyoto Protocol will cost New Zealand, Mr Nicolson said.

"No wonder there were no tax cuts in the Budget. The government obviously knew it couldn't afford them.

"Whatever the true cost of Kyoto to New Zealand, and no matter how nice the government may feel to be part of the global alliance, this accounting botch up has shaken the New Zealand public's confidence in sticking with Kyoto."

ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

ScoopPro: Helping The Education Sector Get More Out Of Scoop

The ScoopPro professional license includes a suite of useful information tools for professional users of Scoop including some specifically for those in the education sector to make your Scoop experience better. More>>

Big Tax Bill Due: Destiny Church Charities Deregistered

The independent Charities Registration Board has decided to remove Destiny International Trust and Te Hahi o Nga Matamua Holdings Limited from the Charities Register on 20 December 2017 because of the charities’ persistent failure to meet their annual return obligations. More>>

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>

ALSO:

Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO:

 
 
 
 
 
 
 
 
  • Bill Bennett on Tech