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

 

PARLIAMENT TODAY:

Arming Police: Frontline Police To Routinely Carry Tasers

"In making the decision, the Police executive has considered almost five years worth of 'use of force' data… It consistently shows that the Taser is one of the least injury-causing tactical options available when compared with other options, with a subject injury rate of just over one per cent for all deployments." More>>

ALSO:

Gordon Campbell: On D-Day For Dairy At The TPP

While New Zealand may feel flattered at being called “the Saudi Arabia of milk” it would be more accurate to regard us as the suicide bombers of free trade. More>>

ALSO:

Leaked Letter: Severe Restrictions on State Owned Enterprises

Even an SOE that exists to fulfil a public function neglected by the market or which is a natural monopoly would nevertheless be forced to act "on the basis of commercial considerations" and would be prohibited from discriminating in favour of local businesses in purchases and sales. Foreign companies would be given standing to sue SOEs in domestic courts for perceived departures from the strictures of the TPP... More>>

ALSO:

"Gutted" Safety Bill: Time To Listen To Workplace Victims’ Families

Labour has listened to the families of whose loved ones have been killed at work and calls on other political parties to back its proposals to make workplaces safer and prevent unnecessary deaths on the job. More>>

ALSO:

Regulators: Govt To ‘Crowd-Source’ Regulatory Advice

A wide-ranging set of reforms is to be implemented to shake up the way New Zealand government agencies develop, write and implement regulations. More>>

ALSO:

Board Appointments: Some Minister Appoint Less The 3 In 10 Women

“It’s 2015 not 1915: Ministers who appoint less than 3 in 10 women to their boards must do better, they have no excuse but to do better,” said Dr Blue. More>>

Gordon Campbell: On The 1990s Retro Proposals For Our Health System

As we learned yesterday, the reviews propose that the democratically elected representation on DHBs should be reduced, such that community wishes will be able to be over-ridden by political appointees. In today’s revelations, the reviews also propose a return to the destructive competitive health model of the 1990s. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news