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

 

NZers must have their say on emissions trading

4 December 2007

NZers must have their say on emissions trading scheme

Effective consultation is now the crucial issue for the emissions trading legislation introduced to Parliament today.

This is the view of Business NZ, which represents thousands of businesses that will be impacted by emissions trading rules.

Business NZ Chief Executive Phil O’Reilly says it is extremely important that the views of New Zealanders are taken account of and given genuine consideration from now until the legislation is reported back from select committee.

“What’s important is that the consultation is managed for the best results for ‘New Zealand Inc.’

“Short term electoral considerations must not be allowed to swamp what’s best for New Zealand. The worst outcome would be rushed legislation, aimed solely at enactment before next year’s election.

“There are many issues that need careful consideration to avoid a scheme that imposes unnecessarily high costs. The long-term impact on community prosperity and our ability to fund essential health, education and other services must be given due weight. Now is the time to be thorough and thoughtful in considering the proposed scheme.

“An emissions trading scheme should essentially underpin New Zealand’s long term economic growth. If we are not confident that it can do that, then we should take the time to make it right.”

Business NZ today published an easy-to-read guide on climate change and emissions trading: ‘A Stable Climate for Business’, available on www.businessnz.org.nz under ‘commentaries’.

ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

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>>

Commerce Commission: Cartel Conduct Now Punishable By Up To 7 Years’ Jail Time

Cartel conduct can now be punished with a term of imprisonment of up to 7 years, after the Commerce (Criminalisation of Cartels) Amendment Act 2019 came into effect today. Cartel conduct includes price fixing, market allocation and bid rigging (see ... More>>

Stats NZ: Auckland Population May Hit 2 Million In Early 2030s

Auckland’s population may rise from about 1.7 million currently to 2 million by early next decade, Stats NZ said today. “Auckland will likely have the highest average annual growth of New Zealand’s 16 regions over the next 30 years, from ... More>>

Air New Zealand: Business Travellers Return To The Skies In Record Numbers

After a year of talking to a computer, Kiwis are leaving the office to re-connect with their clients, suppliers, and staff. New figures released by Air New Zealand show domestic business and corporate travel has defied global trends by returning ... 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>>

LPG Association: Renewable LPG Achieves Emissions Budgets With No Need To Ban New LPG Connections

Renewable LPG can supply New Zealand’s LPG needs and achieve the emissions reductions proposed by the Climate Commission without the need to ban new connections, a new study shows. The investigation, by leading consultancy Worley, was prepared for the ... More>>

Commerce: House Values Continue To Climb As New Government Measures Announced

The Government’s new initiatives to quell the rocketing housing market were announced last week, just as house prices hit a new high for the end of March. The average value increased 7.8% nationally over the past three-month period, up from the 6.8% ... More>>