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

'Tea Break Bill' Passes: Gordon Campbell On Bad Labour Laws And Poor Safety

By co-incidence, one of the prime dangers of the government’s new employment relations law has been underlined by the release of the death and injury statistics among workers at New Zealand ports. These are highly profitable enterprises for the port owners.

The Port of Tauranga for instance, is expecting its current full-year profit to be between $78 million and $83 million and other ports are enjoying similar boom times – but they are also highly dangerous places for the people who work on or around the port premises. At the Port of Tauranga, there have been 26 serious accidents since 2011, and two deaths. More>>

 

Parliament Today:

No Charges: Outcome Of Operation Clover Investigation

Police have completed a multi-agency investigation, Operation Clover, into the activities of a group calling themselves “The Roast Busters”. The 12 month enquiry focused on incidents involving allegations of sexual offending against a number of girls in the Waitemata Police district and wider Auckland area... More>>

ALSO:

UNICEF Report: NZ Cautioned On "Stagnating" Child Poverty

An international report by UNICEF has found that child poverty rates in New Zealand have barely changed since 2008, despite similar sized countries significantly reducing child poverty during the recent recession. More>>

ALSO:

Funding Report: Two Pathways For Transport In Auckland

Commissioned by Auckland Council, the group was asked to investigate two possible pathways for raising $300 million per year ($12 billion over 30 years) to pay for the improvements needed to help fix Auckland’s transport system. More>>

ALSO:

Pay Equity: Equal Pay Win In Court Of Appeal

CTU: The Court of Appeal has made a historic decision paving the way for a substantial equal pay claim for aged care workers. More>>

ALSO:

Gordon Campbell: On The TPP Finishing Line, And Amazon’s Woes

If the Trans Pacific Partnership trade deal wasn’t such a serious matter, this would be pretty funny… More>>

ALSO:

TV3 Video: Three Die On Roads Over Labour Weekend

The official holiday period ended at 6am Tuesday, with three deaths on the roads during the Labour Day weekend. More>>

Employment Relations Bill: Govt Strains To Get Tea Break Law Through

The Government has been left with egg on its face - failing to get its much-vaunted, but hugely unpopular, meal break law passed in the first week of its new term, Labour spokesperson on Labour Issues Andrew Little says. More>>

ALSO:

Guns: Police Association Call To Arm Police Full Time

"The new minister gave his view, that Police do not need to be armed, while standing on the forecourt of parliament. The dark irony was that the interview followed immediately after breaking news of a gunman running amok in the Canadian parliament in Ottawa..." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news