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

 


Time for Labour to come clean on cost of Kyoto

Brian Connell National Party Forestry Spokesman

9 June 2005

Time for Labour to come clean on cost of Kyoto

National Party Forestry spokesman Brian Connell says its time for Labour to come clean on the cost of implementing the Kyoto Protocol.

A report by Castalia Consultancy on the Kyoto Protocol has found that New Zealand could face a bill of up to $14 billion over the next 20 years.

In Parliament today Pete Hodgson, Convenor of the Ministerial Group on Climate Change, refused to say whether or not he expects New Zealand to have a net carbon credit surplus. Mr Hodgson had predicted a credit worth as much as $200 million.

Mr Connell says it looks very much like Labour made a major miscalculation with regard to the cost of implementing Kyoto.

"The plummeting rate of new forest plantations should have sounded alarm bells long ago."

New forest plantings have dropped from 40,400 hectares in 1999, to just 10,600 last year.

"This low planting rate combined with rising industrial activity and an increase in dairying has put New Zealand in a situation where we could face a carbon credit deficit in the first commitment period of Kyoto," says Mr Connell.

"Labour was relying on forest expansion to offset increasing carbon emissions. But if we're forced to buy carbon credits on the international market, we could be left with a bill running into the millions.

"National's policy of not moving to ratify the Kyoto Protocol ahead of our major trading partners is now shown to be the wisest course. Labour's solution could be catastrophic," says Mr Connell.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news