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

 

Trans Tasman's Political Pulse - 08 August 2017

Trans Tasman's Political Pulse - 08 August 2017


08 August, 2017

Businesses want clear rules on emissions.

Climate Change: Finding Certainty
In An Uncertain World

INSIGHTS ABOUT THE NEWS - Signs are growing of a consensus around the direction of climate change policy which will have a fundamental impact on energy and environmental policy, as well as the wider economy.

As reported in the NZ Energy & Environment Business Alert, while the environmental movement and businesses are almost united in calling for long-term certainty, the only ones who can provide it – politicians and voters – are those most likely to disrupt it.

The Govt’s release of its review of the Emissions Trading Scheme shows a National-led Govt is preparing to make the ETS more fit for purpose, though Ministers still fear using price signals to enforce change (and pain) to farmers and other sectors.

The unwritten narrative of the material behind the review is a growing realisation among Ministers the Paris Agreement targets are not going to be easy to meet.

Alongside this is the growing acceptance the default policy of relying on buying other countries’ emissions reductions will not cut it for fiscal and political reasons, even if the mechanism exists.

The Parliamentary Commissioner for the Environment, Dr Jan Wright, is also pushing to legislate for the Paris Agreement targets and a Climate Change Commission to set a carbon budget. National is the only party saying the policy settings aren’t right at the moment.

Ministers are wary of allowing anyone else’s hands on a lever which will reach through every part of the economy. While Wright called for an advisory-only body, it would be hard to ignore.

One unknown is the outcome of the election. NZ First has tried to wipe out the memory of it voting in support of the original ETS legislation and the party now wants to scrap it. The Greens will no doubt want stronger climate change policy, but their position on the ETS is unclear.

It is all pretty much in the hands of the voters on whether there will be a change in the path National is leading the country slowly down.

In the meantime, action on cutting emissions is being fudged because of fears it could put the brakes on the economy. People may yelp when prices reach the point they curb polluters, but until the prices do that, little will be achieved.

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