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

 


Zero waste is a slogan, not a realistic goal

Media release
15 March 2007

Waste Bill unrealistic


Zero waste is a slogan, not a realistic goal, says Business NZ.

In its submission to the Local Government & Environment Select Committee today, Business NZ said the cost of recycling or treating every last scrap of waste would be colossal and would reduce the amount of money that could be spent more productively - for example, on infrastructure, health or education.

Business NZ economist John Pask told the committee that the Waste Minimisation (Solids) Bill was an overreaction to the issue of waste.

“Those who generate waste should pay the full cost of dealing with it. And where there may be specific waste issues - for example in the disposal of used computers – the logical course of action would be specific treatment requirements.

“But there is no justification for an overall waste levy. That would just be another undifferentiated tax.”

Business NZ Chief Executive Phil O’Reilly said the proposal for a waste levy had not been put to a cost/benefit test, and the case for more general interventions in the market for waste had not been proven.

“The nature of the New Zealand economy must also be considered – the terrain, the infrastructure, population density, and the fact that many products and materials may have to be moved from one end of the country to the other.

“The issue of waste deserves more sensible and specific treatment than slogans and catch-all levies. Industry-led solutions for specific waste management issues and improved education are better alternatives.

“Business NZ recommends that this Bill should not proceed.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Genetics: New Heat Tolerant Cow Developed

Hamilton, New Zealand-based Dairy Solutionz Ltd has led an expert genetics team to develop a new dairy cow breed conditioned to thrive in lower elevation tropical climates and achieve high milk production under heat stress. More>>

Fractals: Thousands More Business Cards Needed To Build Giant Sponge

New Zealand is taking part in a global event this weekend to build a Menger Sponge using 15 million business cards but local organisers say they are thousands of business cards short. More>>

Scoop Business: NZ Net Migration Rises To Annual Record In September

New Zealand’s annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia. More>>

ALSO:

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Auckland Outage: Power Mostly Restored Overnight

Vector wishes to advise that all but 324 customers have been restored overnight. These customers are spread throughout the network in small pockets. The main St Johns feeder was restored around midnight allowing most of the customers in all affected areas to have power this morning. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
More RSS  RSS
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news