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National’s Foolishness Will Cost NZ Dearly

National’s Foolishness Will Cost NZ Dearly
John Boscawen MP, ACT New Zealand
Tuesday, December 1 2009

National’s rush to push through the Emissions Trading Scheme before the UN Climate Change Conference in Copenhagen has now left New Zealand exporters at a huge disadvantage following today's defeat of Australian Liberal Party Leader Malcolm Turnbull, ACT New Zealand ETS Spokesman John Boscawen said today.

"ACT has said all along that it was foolish to ram through the ETS without waiting to see what Australia would do. The change in Liberal Party leadership today has spelt the end of the Rudd Government’s ETS and puts our exporters at risk," Mr Boscawen said.

"Our exporters now face much higher costs than those of their Australian counterparts. We will no longer be competing on a level playing field, and this will have dire consequences on our economy.

"National made a risky move by ramming the ETS through without proper consultation or consideration on the full impact it would have on our economy. It refused to wait and see what Australia would do, and it is everyday New Zealanders – especially those on low-incomes - who will bear the cost of National’s foolishness,” Mr Boscawen said.

ENDS

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