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

 


Nats’ ETS costs motorists up to $112m a year

Nats’ ETS costs motorists up to $112m a year


The National Government’s Emissions Trading Scheme (ETS) costs motorists $25-$112 million per year, but they get nothing back, Green Party Co-leader Dr Russel Norman said today.

Motorists have been paying between 2.2 cents and half a cent per litre on petrol as a cost of the ETS. Nationally, that amounts to between $25 million and $112 million a year.

“Motorists are paying tens of millions a year under National’s ETS but where is the money going? It’s certainly not being recycled back to households and businesses as it is under the Greens’ Climate Tax Cut,” Dr Norman said.

“This is the difference between National’s ETS and the Greens’ Climate Tax Cut.

“Under National, the money is siphoned off to traders and polluters. Under the Greens, all the revenue is recycled into tax cuts for households and businesses.

“Figures for the first four years of the ETS show carbon emissions have actually risen 20 percent and they show no sign of falling. That’s an indictment of the scheme’s failure.

“Under the Green Party’s Climate Tax Cut plan announced on Sunday, all households will be better off. There will be some increased costs in dairy products, power and petrol prices, but all revenue raised by the Carbon Tax will be returned to households and businesses in the form of tax cuts.

“The ETS has allowed some businesses to actually profit from carbon emissions by gaming the scheme and emissions have actually increased since the scheme was introduced.

“Under the Greens’ scheme, the average household’s costs will increase by around $101 a year, of which about half will be petrol costs, but they will get tax cuts of $420 a year, making the average household a net $319 a year better off.

“That is the beauty of this plan. It is a win-win for households and the climate. We are installing a price signal to encourage businesses and consumers away from carbon emitting activities but making people better off. If consumers and businesses heed the price of signal by reducing their dependence of fossils fuels and the like, they can be even better off.

“Climate change is the most challenging issue of our time. How we respond to it will define the kind of future our children inherit.

“The Green Party’s plan will future-proof our economy and put New Zealand firmly back in the global green race, all while leaving households better off,” Dr Norman said.

For a copy of the Climate Protection Plan, go to: www.greens.org.nz/climateplan

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Wage Hike For MPs (and Paul Robeson)

Hard to tell what is more infuriating. Is it the 5.3% increase on the already bloated salaries of MPs, or their pantomime of outrage at being gifted with such a wonderful back-dated bonanza?

As usual, Prime Minister John Key has busily tried to distance himself from the political fallout, even though he happens to be the main beneficiary of the Remuneration Authority’s generosity. Finance Minister Bill English says with a straight face that it would actually be very hard to give the money back...

Even if it were true, it would actually be very easy for English and any other guilty colleagues, to give the extra money away. There are any number of food banks or homeless shelters who would be able to put the money to good use. More>>

 

PARLIAMENT TODAY:

No Designers Or Visual Artists: Flag Panel Members Announced

The Government has appointed 12 New Zealanders as members of the Flag Consideration Panel which will engage with the public about a possible new New Zealand flag, Deputy Prime Minister Bill English says. More>>

ALSO:

Labour MP Stands Down From Portfolio: Comment From Carmel Sepuloni

The first I knew of my mother’s charges was when I was called by a reporter yesterday. I spoke to Andrew and we agreed there is a conflict of interest at the present time which means I will temporarily stand aside from the Social Development portfolio. It’s the right thing to do… . More>>

ALSO:

Gordon Campbell: On Whether NZ Troops Are The Least Of Islamic State’s Problems

Given that it has been politically packaged and sold as a training mission, the Iraq deployment announced yesterday by Prime Minister John Key seemed to be mysteriously short of actual trainers... The other wing of the argument is whether a troop deployment is (a) the only effective way and (b) the appropriate time to combat Islamic State. More>>

ALSO:

143 Troops, Possible SAS Deployment, Legalities Unsorted: PM’s Statement On ISIL

Mr Speaker, today I am announcing to the House the Government’s decisions about our contribution to the fight against the Islamic State of Iraq and the Levant, or ISIL... More>>

ALSO:

Liu Saga: PM's Dinner With Controversial Donor

John Key must front up to New Zealand and say what he discussed with Donghua Liu when the disgraced businessman paid $25,000 for the Prime Minister to come to dinner at his Remuera home, the Green Party said today. More>>

ALSO:

Roads: National MP 'Concerned' At Overseas Driver Crashes

Waitaki MP and Parliamentary Private Secretary for Tourism Jacqui Dean said she was concerned at the number of fatal crashes involving overseas licence holders and she really felt that the time had come for more to be done. More>>

ALSO:

Parliament Today: Parole Bill Passes

A bill reducing parole hearings deemed to be unnecessary has passed. The third reading of the Parole Amendment Bill was completed by 104 to 16 with the Greens and Maori Party opposed. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news