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

 


Industry supports climate change initiatives

8 December 2006

New vehicle industry supports climate change initiatives

The Motor Industry Association, which represents the companies which import and market new vehicles in New Zealand, has come out in support of a carbon tax on fuel as a means of reducing CO2 emissions. This would encourage vehicle owners to adopt more fuel efficient practices - for example driving less, adopting fuel efficient driving habits or the purchase of more fuel efficient vehicles.

“We are totally supportive of the position now taken by all the major political parties in New Zealand regarding the need to acknowledge the effects on the environment of the burning of fossil fuels,” said Perry Kerr, CEO of the MIA. “We stress, however, that while we support the introduction of a carbon tax, it has to be fiscally neutral. There would need to be corresponding downward adjustments to the corporate and personal tax rates.”

According to the MIA, New Zealand is more dependent on private vehicle ownership for its transport needs than virtually any other country. That places a responsibility on our country to manage this situation in a way that best protects the environment.

“We haven’t done that very well,” said Mr. Kerr. “The unchecked importation of older and older used vehicles has caused the average age of cars in the New Zealand fleet to increase from 9.9 years in 1992 to just under 12 years today, which means that instead of playing our part in the reduction of CO2 emissions we’re actually going backwards.”

Mr Kerr said “that the new vehicle industry would be happy to embrace any sensible policies directed at reducing the fuel consumption of the national fleet and in addition to a carbon tax which would have a direct and beneficial impact on overall fuel use the MIA has come out in support of a package of initiatives including the introduction of fuel efficiency targets, an age limit for used vehicles and cash incentives to be paid to vehicle owners to scrap older vehicles.” Mr Kerr went onto say “that Ministers need to consider a package of initiatives and that the motor industry was waiting for the Government to take some decisive steps.”

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news