Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Contact Energy Welcomes Certainty Of Carbon Tax

4 May 2005


Contact Energy Welcomes Certainty Of NZ$15 Per Tonne Carbon Tax

Contact Energy welcomed confirmation that the Government’s carbon tax will initially be set at NZ$15 per tonne of carbon, as announced today by the Hon Pete Hodgson, Convenor of the Ministerial Group on Climate Change.

Contact Energy chief executive Steve Barrett said that confirmation of the level of the future carbon tax, which will take effect from April 2007, clarifies an important factor in planning for New Zealand’s future energy needs.

“Confirming the level at $15 per tonne provides welcome certainty on the relative impact of the carbon tax on available energy options.

“The actual impact of the carbon tax on electricity prices will not become clear until it is introduced in two years’ time. Competitive and market factors, as well as today’s announced level of the carbon tax, will be important factors on the actual price impact at that time.”

Mr Barrett also welcomed the Government’s intention that the carbon tax regime be an interim precursor to a full emissions trading scheme.

“An emissions trading scheme is a preferable long term approach because it would provide a more transparent and economically efficient mechanism for rewarding the reduction of greenhouse gas emissions than a one-size-fits-all carbon tax.”

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>

ALSO:

Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>

ALSO:

General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>

ALSO:

Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>

ALSO:

Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news