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


Half billion dollar loss adds to Kyoto woes

Nick Smith
National Party Environment Spokesperson

11 July 2006
Half billion dollar loss adds to Kyoto woes

New Zealand’s Kyoto liabilities have deteriorated by a further $500 million, official papers show.

National’s Environment spokesman Nick Smith says the just-released papers show that the estimated rate of deforestation is six times last year’s forecast.

“The Government last May estimated this deforestation problem at 6.3 million tonnes of carbon emissions. They set a cap at 21 million tonnes but now these papers show a current estimate of 40 million tonnes.

“This 33 million tonnes of additional carbon deforestation amounts to an increased liability to the taxpayer at $15/tonne of a further $500 million.

“These appalling numbers are being driven by Labour’s disastrous forestry policies. For the first time in 30 years, New Zealand’s forest areas declined in 2005, and these latest estimates show officials expect this to continue.

“Labour must drop its duplicitous policy of making foresters liable for carbon debts while not providing any credits for new plantings. It should immediately drop its policy of a 10% deforestation cap that is encouraging foresters to get in early and fell their trees.

“Labour’s climate change policies are proving to be bad for the environment and for the economy. The bill for their Kyoto folly is spiralling and trees are being felled at record rates and not replaced.”


© 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>>


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>>


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>>


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>>


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>>


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>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news