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


Michael Cullen shifty on tax shift

John Key MP National Party Finance Spokesman

05 May 2005

Michael Cullen shifty on tax shift

National Party Finance spokesman John Key says Labour's carbon tax could end up costing New Zealand consumers far more than the $210 per year indicated by Labour yesterday.

"That costing was based on the presumption that carbon credits would be valued at $15 per tonne of CO2 emissions. The reality is far worse.

"According to Labour's own Q and A on the matter, they have given themselves the flexibility to increase this cost by as much as two thirds, to $25 per tonne.

"The international price for carbon emissions that will be used as a benchmark by the New Zealand carbon charge is already trading at 17 Euros, well above the $15 (NZ) mark quoted by Labour yesterday.

"In addition, Labour has failed to assess the true costs that consumers will face as businesses pass on their own increased transport and electricity bills.

"Labour's been telling Kiwi energy consumers only half the story.

"National would repeal the unnecessary carbon tax and provide much needed relief to Kiwi energy consumers. Commonsense suggests we should reserve judgment on this uncertain science until the second commitment period that begins in 2013," says Mr Key.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods ( is the dollar up or down? ) last night’s outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country..>>>More


Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome | Greens on their joining Govt | EDS welcomes new govt | Immigrant groups worry | Feds ready to engage new coalition government | Labour Ministers of the Crown announced


Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>


Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>


Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>


Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>


Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>


Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>




Featured InfoPages

Opening the Election