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


Book promotes responsible action on carbon trading

Media release
4 December 2007

New book promotes responsible action on carbon trading

Climate change action should be responsible economically as well as environmentally. This is the key message of a new book being launched in Auckland today: A Stable Climate for Business.

Business NZ Chief Executive Phil O’Reilly says there’s a lot of misunderstanding about climate change as it has become very complicated and politicised, and there was a need for an easy-to-read summary.

“The book shows how businesses and the communities they support need a stable economic climate in order to succeed.

“New Zealand companies themselves are overwhelmingly responsible,” Mr O’Reilly said. “Most large industrial companies have already scaled back to their 1990 levels of emissions or are operating close to world best practice for energy efficiency.

“Moreover we are already a world leader in renewable energy, with over 65% of our power generated from renewable sources, and we barely contribute to world pollution, accounting for less than a quarter of one per cent of the world’s overall greenhouse gas emissions.”

Mr O’Reilly said this context should be kept in mind when considering how we design and introduce an emissions trading soon.

“New Zealand needs to act in concert with other countries - otherwise we will get higher costs and consequently economic damage without helping the environment much at all.”

A Stable Climate for Business explains the key facts of the climate change debate and makes recommendations for businesses to take advantages of climate change opportunities and for the Government regarding timing and content of climate change policies.

*A Stable Climate for Business is available on under ‘commentaries’ or on: A%20STABLE%20CLIMATE%20FOR%20BUSINESS.pdf

© Scoop Media

Business Headlines | Sci-Tech Headlines


Frog Recruitment: Kiwi Workers Reluctant To Make Business Trips Across The Ditch Despite Trans-Tasman Bubble Opening

When the trans-Tasman travel bubble opens today, many Kiwi companies won't be rushing to buy an air ticket, reluctant to cross the ditch to do business. The latest survey conducted by leading recruitment agency, Frog Recruitment of nearly 1,000 New Zealand ... More>>

Tourism: Employers Welcome Back Working Holidaymakers

Tourism businesses gearing up for the return of Australian visitors from next week will be relieved to learn that they will also have access to an offshore pool of much-needed job candidates, Tourism Industry Aotearoa says. Tourism employers around ... More>>

Commerce Commission: Latest Broadband Report Confirms Improved Performance Of Premium Fibre Plans

The latest report from the Commerce Commission’s Measuring Broadband New Zealand programme shows that the performance of Fibre Max plans has improved substantially. This follows a collaboration between the Commission, its independent testing partner, ... More>>

Air New Zealand: Capital Raise Deferred

Air New Zealand has decided to defer its planned capital raise to later in 2021 allowing more time to assess the impacts of recent developments on the airline’s path to recovery. 'We’ve seen some clearing of COVID-19 clouds recently, with ... More>>

Stats NZ: New Report Shows Impact Of Demands On Land In New Zealand

A new environmental report released today by the Ministry for the Environment and Stats NZ, presents new data on New Zealand’s land cover, soil quality, and land fragmentation. The land cover data in the report, Our land 2021 , provides the most ... More>>


Stats NZ: March Card Spending Rebounds Despite COVID

There was a lift in retail card spending in March following a fall in the lockdown-disrupted February month, Stats NZ said today. Seasonally adjusted retail card spending rose by $53 million (0.9 percent), compared with February 2021. Visit our website to read ... More>>

PwC: Outcome Of Review Into Air New Zealand Gas Turbines Business

Air New Zealand has received the report into its Gas Turbines business from independent external advisers PwC. Air New Zealand Chairman Dame Therese Walsh says the report identified a range of effective controls in the Gas Turbines revenue contracting ... More>>