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


Baldock: No carbon market without a seller

Thursday, 16 June 2005

Baldock: No carbon market without a seller

United Future environment spokesman, MP Larry Baldock, says today's stunning revelation of a billion-dollar bungle by the Government in its calculations of New Zealand's obligations under the Kyoto Protocol show just how stupid the Protocol is and why New Zealand should abandon it immediately.

"When the Labour-led Government signed up to the Protocol, which is intended to reduce greenhouse gas emissions worldwide, it trumpeted the environmental and financial benefits it would bring to New Zealand.

"But now with New Zealand joining a long line of Kyoto countries that are realising they will not be able to meet previous estimates of carbon credits, it is inevitable that the market will collapse.

"After all if everyone needs to buy, who will be selling????"

Mr Baldock said the best course the Government should follow now would be to accept United Future's sensible policies of repudiating the Kyoto Protocol and getting on with much more practical measures, like adapting the nation's vehicle fleet to hybrid fuel use, energetically promoting energy conservation measures and start a massive programme of tree planting to soak up carbon dioxide.

"It's time for ideological purity to be shunted aside and commonsense policies to be implemented," said Mr Baldock.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Werewolf: What Does Winston Peters Want His Legacy To Be?

A lot of people in New Zealand seem to resent Winston Peters and the power that he appears to have. “Appears” being the operative word. In reality, Peters will have power only up to the point that he uses it.

By next week, he’ll have become just another junior player in an MMP governing arrangement, battling to hold onto the gains he was promised. More>>


Rising Toll: Road Safety Needs To Be A Higher Priority

Official advice released to the Green Party under the Official Information Act shows that the previous National Government dismissed an option to make road safety its most important transport priority after being told the road toll was rising. 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