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

 

Slower ETS welcome but not enough

9 November 2011

Slower ETS welcome but not enough

The slower introduction of the full effects of the ETS is welcome but National’s Environment and Climate Change Policy announced today would impose too much additional cost on businesses and households, says BusinessNZ Chief Executive, Phil O'Reilly.

“BusinessNZ supports New Zealand doing its fair share in global climate change and reducing our greenhouse gas emissions at the least cost possible, but the proposed policy is too much too soon.

“It’s estimated the cost impact on New Zealand transport, energy and industry at a $25 price cap would increase from $243 million in 2011/2012 to $638 million in 2015. Costs for the average household would increase from $125 per year in 2011/2012 to $330 in 2015.

“Until the rest of the world catches up with New Zealand, more balance is needed between reducing emissions and the cost of doing so.

“There is still a lack of action from other countries to take part in emissions trading, so New Zealand businesses are already at a competitive disadvantage. The proposed timeline of phasing in the full ETS obligation will impose extra costs to New Zealand businesses and households at a time when they can least afford it.

“The other concern with this proposal is that it only addresses the short term plan, up until 2015. This does not help provide business with any certainty about the longer term impacts of emissions trading. This will affect investment and jobs.

“There needs to be a more robust review process that allows Government and to engage more with business to develop an ETS for New Zealand that strikes a batter balance for all.”

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Labour’s Mishandling Of The Alleged Sexual Assault

The focus of Labour’s alleged sexual assault scandal has now shifted from the party organisation to the Beehive... This is now a crisis of Beehive management and response, not something occurring at a distance within the party organisation.

Presumably, the QC appointed to clarify what happened will eventually shed light on key issues. Such as: on what date prior to the publication of the original Spinoff article did the party hierarchy/PM’s office/PM’s press secretary realise they were dealing with a sexual assault allegation, and what did they do about it at that point? More>>

 

'History Rectified': Rua Kēnana To Be Pardoned

An official pardon for Tūhoe prophet and leader Rua Kēnana is one step closer after the Te Pire kia Unuhia te Hara kai Runga i a Rua Kēnana: Rua Kēnana Pardon Bill was read in Parliament for the first time today. More>>

ALSO:

Mental Health: Initial Mental Health And Wellbeing Commission Appointed

The Government has announced details of the initial Mental Health and Wellbeing Commission which will play a key role in driving better mental health in New Zealand. More>>

ALSO:

people outside the meeting house at WaitangiEducation: NZ History To Be Taught In All Schools

“We have listened carefully to the growing calls from New Zealanders to know more about our own history and identity. With this in mind it makes sense for the National Curriculum to make clear the expectation that our history is part of the local curriculum and marau ā kura in every school and kura,” Jacinda Ardern said. More>>

ALSO:

Sexual Assault Claims Mishandled: Labour Party President Resigns

Jacinda Ardern: “This morning I was provided some of the correspondence from complainants written to the party several months ago. It confirms that the allegations made were extremely serious, that the process caused complainants additional distress, and that ultimately, in my view, the party was never equipped to appropriately deal with the issue…" More>>

ALSO:

Budget Process: Wellbeing To Be Enshrined In Law

Legislation has been introduced in Parliament to ensure every Government considers the wellbeing of New Zealanders when creating future budgets. More>>

National In China: Bridges Praises CCP, Meets Law Enforcement Head

A recent trip to China has raised questions over who the Opposition leader Simon Bridges met with and why... Anne-Marie Brady, a Canterbury University professor and expert on Chinese politics, has described Guo Shengkun as the leader of the Chinese secret police. More>>

ALSO:

Gordon Campbell: On The SIS/GCSB’s Compliance With Torture

Torture is a crime under international law. New Zealand has signed (a) the UN convention against torture and (b) formal agreements about how armed conflict should be conducted. That’s the legal backdrop to the fascinating report released this week by the SIS Inspector-General.

ALSO:

New Strategy: Suicide Prevention Office To Drive Prevention Action

The Government has announced a Suicide Prevention Office will be established to coordinate action already underway to reduce New Zealand’s historically high rate of suicide. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels