Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Baldock: No carbon market without a seller

Thursday, 16 June 2005

Baldock: No carbon market without a seller

United Future environment spokesman, MP Larry Baldock, says today's stunning revelation of a billion-dollar bungle by the Government in its calculations of New Zealand's obligations under the Kyoto Protocol show just how stupid the Protocol is and why New Zealand should abandon it immediately.

"When the Labour-led Government signed up to the Protocol, which is intended to reduce greenhouse gas emissions worldwide, it trumpeted the environmental and financial benefits it would bring to New Zealand.

"But now with New Zealand joining a long line of Kyoto countries that are realising they will not be able to meet previous estimates of carbon credits, it is inevitable that the market will collapse.

"After all if everyone needs to buy, who will be selling????"

Mr Baldock said the best course the Government should follow now would be to accept United Future's sensible policies of repudiating the Kyoto Protocol and getting on with much more practical measures, like adapting the nation's vehicle fleet to hybrid fuel use, energetically promoting energy conservation measures and start a massive programme of tree planting to soak up carbon dioxide.

"It's time for ideological purity to be shunted aside and commonsense policies to be implemented," said Mr Baldock.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Canada’s Election, And The AUKUS Defence Pact

Yesterday, Canada held an election in which everyone lost, including the voters. After holding its most expensive ( $C600 million) election campaign ever, the result was Groundhog Day, with the five main parties getting almost exactly the same number of seats as they did last time around, in 2019. Same overall result too: Liberals leader and PM Justin Trudeau will once again be leading a minority government... More>>

Covid-19, 24/9: 1,131 Overall Cases, 4,900,000+ Vaccine Doses

9 new cases have been discovered in Auckland, currently at Level 3. 886 of the Auckland cases have recovered alongside all of the Wellington cases... More>>



Government: Next Steps To Improve Safety In Wake Of Whakaari White Island Tragedy
The Government is moving to improve safety in light of the Whakaari White Island tragedy and has released proposals to reinforce safety standards in registered adventure activities... More>>

Government: Expert Group Appointed To Lead New Zealand’s Future Health System
An outstanding group of people with extensive and wide-ranging governance and health experience have been appointed to lead the Māori Health Authority and Health New Zealand, Health Minister Andrew Little says... More>>


Green Party: Kiwis Overseas Must Be Allowed To Vote Next Year
New Zealanders stranded overseas should be allowed to vote in next year’s local government elections and the 2023 general election, the Green Party said today. “The reality of this pandemic is lots of people cannot renew their voting rights when they are home as they normally would... More>>

Power: Bill Changes Bring Fairness To Charges

A key recommendation of an independent panel to make electricity charges fairer across all households will be put in place, the Energy and Resources Minister Megan Woods has announced... More>>

Government: Parks expiry of licenses, WoFs and regos
As a result of the Delta outbreak, driver licences, Warrants of Fitness (WoFs), Certificates of Fitness (CoFs), vehicle licences (‘regos’) and licence endorsements that expired on or after 21 July 2021 will be valid until 30 November 2021, Transport Minister Michael Wood has announced today... More>>

Child Poverty Action Group: Highest jump in weekly benefit numbers since first lockdown

The current lockdown has triggered the largest weekly increase in benefit recipient numbers since the first lockdown last year, and Child Poverty Action Group is concerned the Government isn't doing enough to assist affected families... More>>




InfoPages News Channels