ETS changes a farce – Environment Commissioner
ETS changes a farce – Environment
Parliamentary Commissioner for the
Environment Dr Jan Wright says planned changes to the
Emissions Trading Scheme will be a costly and
environmentally damaging mistake.
The changes are part of
the ETS amendment Bill currently before select committee. Dr
Wright has submitted on the Bill this afternoon.
says she is particularly concerned with subsidies to
polluters being locked in.
“Right now we’re
subsidising ninety-five percent of big polluters’
emissions. That was due to be phased out, albeit too slowly,
but the Bill will leave those subsidies in place
“I am very concerned that the review
process that would address these subsidies along with other
ETS issues will no longer be compulsory but will occur only
if the Minister wants it to.
polluters have no incentive whatsoever to reduce their
emissions when the tab for them is being picked up by the
“And if polluters are not paying for their
emissions they’ve no incentive to reduce them.
Government’s own estimate of the cost of this Bill to the
taxpayer in just the next four years is over $330
“The ETS is the main system New Zealand has for
reducing our greenhouse gas emissions. Hollowing it out like
this makes a farce of our climate change commitments.”
copy of the submission is available here. [Scoop copy: PCESubmissionontheClimateChangeAmendmentBill.pdf]
Wright will be speaking to the submission at Finance and
Expenditure Select Committee tomorrow
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