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


Minister Not Telling The Truth About Kyoto: KFA

Climate Change Minister Not Telling The Truth About Kyoto

In his announcement about New Zealand’s Kyoto shortfall last week, Climate Change Minister Pete Hodgson forgot to tell New Zealanders that one of the main reasons for the fiasco is that his Labour Government’s policy has stopped new forest planting in New Zealand, Kyoto Forestry Association spokesman Roger Dickie said today.

“Forest plantings at even a modest level of 50,000 hectares per annum could have increased New Zealand’s forest sink credits by more than NZ$2 billion by 2012 when the first commitment period ends,” Mr Dickie said.

“Instead, the Labour Government’s policies have ripped more than 8,000 jobs and more than $200 million of annual investment from provincial towns and cities throughout New Zealand.

“Mr Hodgson also forgot to tell New Zealanders how a carbon tax of NZ$15.00 is going to work when the government will have to purchase the forecast shortfall of credits from the world market, where the present carbon price, quoted on, is NZ$34.00 and rising. Clearly, the Labour Government’s climate change policy as proposed by Mr Hodgson is bankrupt and will need considerable support from the New Zealand taxpayer.

“The only beneficiaries of this Labour Government policy will be Eastern European countries who have emission savings records to sell, and overseas big business. The losers will be the New Zealand taxpayer and the New Zealand environment.”

more … The Kyoto Forestry Association represents tens of thousands of environmentally-aware New Zealanders who have planted more than 200,000 hectares of forestry since 1990. Based on statements made by government officials at the time, they believed that part of their return would arise from the value of the carbon credits stored in their forests. Since the government announced that it intends to take forest-owners’ credits without compensation, investors have voted with their feet and new planting has plummeted to almost zero. This compares with an average of 65,000 hectares per year from 1992 to 1998.

The association is planning to announce next month the first stage of a NZ$2 million advertising campaign to expose the Government’s incompetent approach to Kyoto and explain a better path forward.


© 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>>


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>>


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>>