Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

KFA Goes to Montreal, Officials Seek Policy Change

Media Statement

Thursday 1 December 2005

For Immediate Release

Kyoto Forestry Association Goes to Montreal as Officials Seek Policy Change

Government officials are increasingly interested in market-based solutions as a way out of New Zealand’s Kyoto policy mess, the Kyoto Forestry Association’s Peter Weir said today.

Mr Weir was commenting before departing for Montreal as a member of the official New Zealand delegation to the United Nations Climate Change Conference.

“The previous tax-and-subsidise approach to Kyoto has clearly failed, with taxpayers facing billion-dollar bills and petrol price rises, big polluting industries being let off the proposed carbon tax, tree plantings plunging to zero and carbon emissions leaping ever-further ahead,” Mr Weir said.

“Everyone who supports Kyoto is now looking for a better and more effective way of implementing the protocol in New Zealand, and a consensus is gradually emerging in industry and government circles along the lines of that advocated by the Kyoto Forestry Association and the Treasury.”

Mr Weir was referring to the Treasury’s advice in Sustaining Growth: Briefing to the Incoming Government (pp 13-15), where it said that the tax-and-subsidise approach to Kyoto was making “only a limited contribution to meeting our Kyoto obligations but at a relatively high cost” and recommended “price-based measures”, “devolution of a very large part of New Zealand’s climate change obligations to firms and individuals … this could include the devolution of forest sink credits, and all international obligations for deforestation to the forestry sector” and “a strategy for appropriate use of international emissions trading and the other Kyoto-flexible mechanisms”.

Mr Weir said the view which had emerged amongst key participants in the dialogue between the industry and government, launched by Forestry Minister Jim Anderton before the election, was “not dissimilar to the Treasury advice”.

Details of the dialogue, involving industry representatives and officials from Treasury, MAF, the Ministry for the Environment and Te Puni Kokiri, remain confidential at this stage. However Mr Weir said it had been “very positive from both the industry and government point of view”. He said: “Mr Anderton has already achieved a great deal for the industry by getting us talking again and it bodes well for his broader role with responsibility across the primary industries”.

Mr Weir said that while in Montreal he would strongly promote the Treasury’s ideas and those points of common agreement from the forest growers’ dialogue with government officials. He returns to New Zealand on 12 December.

ENDS

Further background: www.kfa.co.nz

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Paymark: Lockdown Equals Slowdown For Some

The three days of lockdown for Auckland earlier this month made a clear impression on our retail spending figures. While only Auckland moved into Level 3 lockdown, the impact was felt across the country, albeit at different levels. Looking at the ... More>>

Infrastructure Commission: Te Waihanga Releases Report On Water Infrastructure

The New Zealand Infrastructure Commission, Te Waihanga’s latest discussion document highlights the importance of current reforms in the water sector. Its State of Play discussion document about water infrastructure is one of a series looking at the ... More>>

Sci-Tech: Perseverance Rover Lands On Mars – Expert Reaction

NASA has landed a car-sized rover on the red planet to search for signs of past life. The vehicle has more instruments than the four rovers preceding it, and it’s also carrying gear that could help pave the way for human exploration of Mars. The ... More>>

ALSO:


ASB: Quarterly Economic Forecast Predicts OCR Hike As Early As August 2022

Predictions of interest rate rises have been brought forward 12 months in ASB’s latest Quarterly Economic Forecast. Chief Economist Nick Tuffley now expects the RBNZ to begin raising the OCR from its current level of 0.25% as early as August ... More>>

ACT: Matariki Almost A Half Billion Dollar Tax On Business

“Official advice to the Government says an extra public holiday at Matariki could cost almost $450 million,” ACT Leader David Seymour can reveal. “This is a perfect example of the Prime Minister doing what’s popular versus what’s responsible. ... More>>

Genesis: Assessing 6,000 GWh Of Renewable Generation Options For Development By 2025

Genesis is assessing 6,000 GWh of renewable generation options for development after starting a closed RFP process with 11 partners. Those invited to participate offer a range of technologies as Genesis continues to execute its Future-gen strategy to ... More>>

OECD: Unemployment Rate Stable At 6.9% In December 2020, 1.7 Percentage Points Higher Than In February 2020

The OECD area unemployment rate was stable at 6.9% in December 2020, remaining 1.7 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. [1] In December, the unemployment rate was also stable ... More>>

Stats NZ: Unemployment Drops To 4.9 Percent As Employment Picks Up

The seasonally adjusted unemployment rate dropped to 4.9 percent in the December 2020 quarter, from 5.3 percent in the September 2020 quarter, Stats NZ said today. Last quarter’s unemployment rate of 5.3 percent followed the largest increase observed ... More>>