Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Time To Talk Economic Sense On Kyoto Protocol

Tuesday, 20 November 2001

The debate over climate change policy will not be advanced by selective and misleading interpretations of economic data, says the Convenor of the Ministerial Group on Climate Change, Pete Hodgson.

Mr Hodgson was responding to a statement today by EMA Northern chief executive Alasdair Thompson.

“It is plain silly to say that the Kyoto Protocol will put up energy costs by a certain amount because economic modelling tells us so,” Mr Hodgson said. “Economic modelling has significant limitations and it is misleading to cite the results without recognising those limitations.

“The Australian Bureau of Agricultural Research Economics [ABARE] modelling cited by Mr Thompson is useful but far from conclusive. The figures on possible increased energy costs Mr Thompson attributes to ABARE in fact come from research done by the New Zealand Institute of Economic Research [NZIER] for the wood processing strategy.

“The ABARE report suggests GNP could rise by 0.05 to 0.52 percent, an overall positive effect on the New Zealand economy that Mr Thompson apparently chooses to overlook.

“Further, the modelling necessarily makes assumptions that may not reflect the final mix of government policy. Both the ABARE and NZIER reports assume that a set emissions price will apply across the economy, and take no account of any policies designed to offset adverse effects. Nor do they make allowances for the effects of the National Energy Efficiency and Conservation Strategy, fuel switching, or any incentives to reduce greenhouse gas emissions.

“I am disappointed to see Mr Thompson seeking to invent a story of economic doom and gloom. Good business leadership will lead to New Zealand maximising economic opportunities. Regrettably the converse is also true.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>


Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>


More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>


Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>


Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>


General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news