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

 


Facts Before Falsehoods


Facts Before Falsehoods

Friday 19 October, 2012
Press release – Generation Zero

ACT Party leader John Banks is spreading falsehoods in his attempts to undermine the Emissions Trading Scheme and New Zealand’s climate change response, Generation Zero policy coordinator Paul Young said today.

In a press release issued yesterday, Mr Banks said “I wrote to the Minister for Climate Change Issues asking him not to place undue restrictions on foreign carbon credits so that New Zealanders would not be forced to pay more for carbon credits than foreigners do.”

Mr Young said the notion that placing a quantitative limit on foreign carbon credits – as called for by the Parliamentary Commissioner for the Environment, forestry groups and environmental groups – will have New Zealanders “paying more than foreigners” is rubbish.

“Every other country with an emissions trading scheme now requires 50-90% of credits used to be domestically sourced, to ensure some level of domestic action to reduce emissions,” said Mr Young.

“If Mr Banks gets his way, New Zealand will have the only ETS in the world without such limits and will continue to be the dumping ground for cheap units that cannot be used anywhere else, keeping prices so low they will do nothing to reduce emissions or stimulate forest plantings.

“On top of this, the ETS Amendment Bill currently going through Parliament will prolong the '2-for-1' deal indefinitely, halving the price again.

As at 18 October 2012, prices for domestic carbon credits or carbon taxes per tonne in a selection of places are: Australia, $29.10; EU, $13.15; California, $17.63; UK (price floor in power sector), $30.84; Denmark, $21.39; Norway, $43.32 (to double on 1 January 2013).

The current effective price of New Zealand Units (NZUs), accounting for the ‘2-for-1’ deal, is $1.53.

“Mr Banks’ statement to the Minister is plain false, and to continue repeating it he is either ignorant or deliberately telling lies,” said Mr Young.

“If Mr Banks will not correct his statement then he has no credibility on the subject and should be ignored.

“If the ETS is to be a credible tool as part of New Zealand’s climate response then we need to follow in the steps of every other country with similar schemes and put a cap on international units.

ENDS


ABOUT GENERATION ZERO:

Generation Zero is an independent youth organisation seeking to catalyse action on climate change and work towards creating a zero carbon Aotearoa. For more information see:
www.generationzero.org.nz
www.facebook.com/GenerationZero

MORE INFORMATION:

Previous Generation Zero press releases on the ETS amendments:
http://www.scoop.co.nz/stories/PO1210/S00290/b-grade-ets-sets-stage-for-chainsaw-massacre-sequel.htm
http://www.scoop.co.nz/stories/PO1209/S00368/generation-zero-supports-foresters-demands-to-fix-ets.htm
http://www.scoop.co.nz/stories/PO1209/S00249/ets-needs-to-phone-home-select-committee-told.htm

We are Generation Zero

generationzero.org.nz

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news