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

 

Generation Zero supports foresters’ demands to fix ETS

Generation Zero supports foresters’ demands to fix ETS

27 September 2012

Youth organisation Generation Zero has endorsed the call from foresters and the Parliamentary Commissioner for the Environment for the Government to limit the use of international carbon units in the Emissions Trading Scheme.

Forestry sector leaders yesterday released an open letter to Prime Minister John Key warning that the planned changes to the ETS will be “a farce and a costly and environmentally damaging mistake”, and calling for the Government to follow international best practice and introduce a cap on the number of international units a firm may surrender.

As recently as May the Government was signalling its intention to limit international units, but it has since backed down, despite carbon prices crashing further to new lows of less than $4/tonne.

Paul Young, Generation Zero’s policy coordinator, said:

“National’s ETS has never looked capable of delivering meaningful emissions reductions, but as originally planned it would at least stimulate some tree planting and protect the taxpayer from having to foot the bill for New Zealand exceeding its emissions targets. If these changes go ahead it will not even achieve that.

“Carbon prices have crashed as the market is currently flooded with cheap ‘offset’ units that in all likelihood don’t represent genuine emissions reductions. Australia, China, USA, the European Union, Japan and Korea have all moved to ban or restrict use of these in their carbon markets.

“As the only country not to restrict them, New Zealand will become the dumping ground for these cheap, dodgy units. The domestic carbon price will stay at rock bottom levels and there’ll be virtually no incentive to reduce emissions or plant trees.

“This means that all the ETS is likely to do is have New Zealanders’ money flowing overseas for no benefit to the climate. It will actually be worse than nothing.”

In its submission to the Finance and Expenditure Select Committee last week, Generation Zero called for planned changes to extend the ‘transition phase’ indefinitely to be abandoned and proposed a number of steps to strengthen the ETS and introduce complementary measures.

Generation Zero also supports in full the comments and recommendations made by Permanent Forests International Limited in its press release of 24 September.

“The ETS is our Government’s chosen policy tool to address climate change. There are many changes we’d like to see, but putting a cap on international units is a complete no-brainer,” said Mr Young.

“This is the very least our Government could do to show it is still serious about doing its fair share on climate change and encouraging domestic forest planting. Without it, the ETS will become an international laughing stock.

“If we’re not going to fix it, we might as well ditch it.”

More Information:

The foresters’ open letter to the Prime Minister: http://www.scoop.co.nz/stories/PO1209/S00364/nz-foresters-demand-changes-to-stop-ets-becoming-a-farce.htm

Generation Zero’s submission on the Climate Change Response (Emissions Trading and Other Matters) Amendment Bill: http://generationzero.org.nz/wp-content/uploads/2012/09/Gen-Zero-Submission-on-ETS-Amendment-Bill-2012-Complete.pdf

Permanent Forests International Limited’s press release: http://www.scoop.co.nz/stories/PO1209/S00304/the-perfect-storm-ets-profitable-for-emitters.htm

Press release on Generation Zero’s submission: http://www.scoop.co.nz/stories/PO1209/S00249/ets-needs-to-phone-home-select-committee-told.htm

ABOUT GENERATION ZERO:

Generation Zero is an independent youth organisation seeking to catalyse action on climate change in New Zealand. For more information see:

www.generationzero.org.nz
www.facebook.com/GenerationZero

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On DHB Deficits And Free Trade

Currently the world is looking on aghast at the Trump administration’s plans to slash Obamacare, mainly in order to finance massive tax changes that will deliver most of their gains to the wealthy. Lives will be lost in the trade-off. Millions of Americans stand to lose access to the healthcare they need.

Spot the difference with New Zealand, where DHBs are under intense pressure to reduce deficits within a climate of chronic underfunding. More>>

 
 

Greens' Response: Slum-Like Rentals Exposed In Renting Review

“...The grim findings of the review are a wakeup call about the true state of rentals in this country. Too many renters are festering in slum-like conditions under the thumb of landlords who have largely unchecked powers and ignore tenants’ complaints when it suits them.” More>>

ALSO:

Gordon Campbell: On The Life And Times Of Peter Dunne

The unkind might talk of sinking ships, others could be more reminded of a loaded revolver left on the desk by his Cabinet colleagues as they closed the door behind them, now that the polls in Ohariu had confirmed he was no longer of much use to National. More>>

ALSO:

Gordon Campbell: On Labour’s Campaign Launch

One of the key motifs of Ardern’s speech was her repeated use of the phrase – “Now, what?” Cleverly, that looks like being Labour’s response to National’s ‘steady as it goes’ warning against not putting the economic ‘gains’ at risk. More>>

ALSO:

Lyndon Hood: Social Welfare, Explained

Speaking as someone who has seen better times and nowadays mostly operates by being really annoying and humiliating to deal with, I have some fellow feeling with the current system, so I’ll take this chance to set a few things straight.. More>>

ALSO:

Deregistered: Independent Board Decision On Family First

The Board considers that Family First has a purpose to promote its own particular views about marriage and the traditional family that cannot be determined to be for the public benefit in a way previously accepted as charitable... More>>

ALSO:

Transport Policies: Nats' New $10.5bn Roads Of National Significance

National is committing to the next generation of Roads of National Significance, National Party Transport Spokesperson Simon Bridges says. More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election