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 Aftermath Of The Greenwald/Snowden Revelations

The credibility issues have come down to two main ones:

1 The email This has to do with whether Key knowingly agreed to use our immigration rules as a tool to ensnare and ultimately extradite Kim Dotcom, and do so largely at the behest of Hollywood’s leading corporates and their best friend in the White House, vice-President Joseph Biden. Some of the debate in the last few days has turned on the reliability of a Warners email that seems to set out this plan in black and white. IMO, the email is just the icing on the cake...

2. Mass surveillance Earlier to day I was going to try to explain the difference between what Edward Snowden/Glenn Greenwald were talking about (ie mass surveillance via the the cable-accessing SPEARGUN programme and the Xkeyscore analytical programme) and what Key has chosen to talk about instead in order to deliberately distract and confuse the public. Then I found that Keith Ng had not only beaten me to it, but had done so with beautiful lucidity. More>>

Out-Link - "Project SPEARGUN underway" • OnPoint • Public Address

 
 

Parliament Today:

Pre-Election Chartering: Four New Partnership Schools To Open

Education Minister Hekia Parata today announced the Government has signed contracts to open four new Partnership Schools in 2015. More>>

ALSO:

Werewolf 50 Out Now - The Election Issue: Loss Leaders

Gordon Campbell: A third term requires a mature decision, with eyes wide open. It calls for a conscious vote of confidence… Without trying hard here are about 19 reasons, in no particular order, for not ticking ‘party vote’ National. More>>

ALSO:

Not-Especially New Plans: All Prisons To Become Working Prisons Under National

All public prisons in New Zealand will become full working prisons by 2017, and ex-prisoners will receive post-release drug addiction treatment if National is returned to government, says Corrections Spokesperson Anne Tolley. More>>

ALSO:

Māngere: "False Claim Of Matai Title" - Labour

National must explain why its candidate for Māngere Misa Fia Turner appears to be using a Matai title she is not entitled to, Labour’s MP for Māngere and Pacific Islands Affairs spokesperson Su’a William Sio says. A Matai title is a legally-recognised ... More>>

ALSO:

CPAG Report: No New Zealand Child Should Grow Up In Poverty

Child Poverty Action Group's flagship policy publication Our Children, Our Choice: Priorities for Policy calls for cross party political agreement to underpin an action plan to eliminate child poverty in New Zealand. More>>

ALSO:

Gordon Campbell:
On National’s Phantom Tax Cut Package

Hmmm. So National’s tax cuts package turns out to be one of those television advertisements that screams a headline promise – perfect skin! a youth tonic that works! – while in very small print there’s an out clause: special conditions may apply. More>>

ALSO:

Water: New Marine Reserves On West Coast Opened

Five new marine reserves were officially opened by Conservation Minister Dr Nick Smith on the West Coast of the South Island to protect a range of marine ecosystems for conservation, science and recreation. More>>

ALSO:

Perception: Study Looks At Trustworthiness And Support Of Politicians

A University of Canterbury marketing study has looked at what impact the Thatcher Effect has on perceptions of trustworthiness and liking of New Zealand politicians leading up to the 2014 general election. More>>

ALSO:

History Lessons: Jamie Whyte At ACT Campaign Opening

It is nearly 20 years since the ACT party was born. Many people no longer remember why it was named ACT. They may imagine that it was on account of our determination to actually do things in parliament rather than simply occupy the seats and collect the salaries. That’s true but it isn’t the right answer... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news