Parliament

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

 

Failure to cut emissions could cost $34,000 per household

Treasury says failure to cut emissions could cost $34,000 per household


Treasury figures, released by the Sustainability Council today, show failing to take action to cut greenhouse gas emissions will cost between $2,000 and $34,000 per household, the Green Party said.

The Sustainability Council has obtained figures previously redacted from a Treasury climate briefing which shows that the cost of failing to take action to cut New Zealand’s greenhouse gas emissions is between $3 billion and $52 billion from 2021 to 2030. The Treasury report identifies the cost of buying credits to cover a target of a 5 percent reduction below 1990 levels for the 2021-2030 period at a price of between $10 and $165 a tonne.

“New Zealand families can’t afford the cost of inaction,” Green Party Co-leader Dr Russel Norman said today.

“We’re not doing our fair share, the National Government has no plan, and we are on the wrong track.

“The longer we delay taking real action on climate change, the higher the cost New Zealand families will pay.

“We can take action on climate change that will reduce our emissions and save households money. The Green Party’s Climate Tax Cut plan released in June would cut New Zealand’s emissions by putting a price on carbon, and recycle the revenue into tax cuts for kiwi families.

“These figures show continuing to rely on buying offsets for New Zealand’s increasing emissions is not an option.

“We need a plan to reduce emissions, not more hot air from National Ministers claiming we are on the right track,” said Dr Norman.

New Zealand climate facts:
· Currently fifth highest emissions per capita in the OECD and they are increasing. [1]

· 20 percent increase in net emissions under National. [2]

· A recent Ministry for Environment report shows a 50 percent increase in NZ’s projected net emissions in the next decade. [3]

· Advice from officials is that the gap between our reduction commitments and reality is widening. [4]

· Ministry for the Environment briefing indicating New Zealand is currently on track to miss our 2050 emissions reduction target. [5]

ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Yesterday’s Big Parliamentary Air Kiss To China

In order to obtain support from the two major parties, Act Party deputy leader Brooke Van Velden twice had to soften the language of her parliamentary motion yesterday condemning China’s persecution of the Uighurs. The key word “genocide” was deleted. Evidently, the kind of resolution passed by a conservative government in the UK proved to be far too tough for a centre-left Labour government and a centre-right National opposition to countenance. Yesterday, the two major parties were united in their fear of retribution from China... More>>

 

Public Services: Government Sets Pay And Workforce Expectations For The Public Sector

The Government’s Workforce Policy Statement issued today sets out its expectations for pay and employment relations in the Public Sector, the Minister of Finance and Minister for the Public Service say. “New Zealand has had an exceptionally successful ... More>>

ALSO:

Government: Budget 2021 Reprioritises Nearly $1 Billion

Hon Grant Robertson Deputy Prime Minister Minister of Finance The Government’s strong pandemic response and the better than expected economic recovery means not all the money allocated in the COVID-19 Response and Recovery Fund has been spent, ... More>>

ALSO:

Ardern: Speech To China Business Summit

Ladies and gentlemen, distinguished guests, ate marie, tena koutou katoa, good morning. I am very happy to be here with you once again at my fourth China Business Summit. ... More>>

PM: Statement On The Speaker And Annual Review Debate

“The serious issue of alleged sexual assault and harassment at Parliament was poorly managed and inappropriately politicised last night. The tone of the debate did not reflect well on Parliament as a whole,” Prime Minister Jacinda Ardern said. ... More>>

Parliament: Mallard Fails To Give Taxpayers A Straight Answer

Trevor Mallard has confirmed he is unfit to be Parliament’s Speaker by failing to answer several important questions relating to the false rape accusation saga that cost taxpayers more than $330,000, Shadow Leader of the House Chris Bishop says. ... More>>

Local Government: Independent Review To Explore Future

Local Government Minister Nanaia Mahuta says an independent review of local government will explore how councils can maintain and improve the wellbeing of New Zealanders in the communities they serve long into the future. More>>

ALSO:

PM Ardern And PM Morrison: Commencement Of Two-Way Quarantine-Free Travel Between Australia And New Zealand

Joint Statement by Prime Ministers Scott Morrison and Jacinda Ardern Commencement of two-way quarantine-free travel between Australia and New Zealand Today, Australia and New Zealand have fulfilled their commitment to establish two-way quarantine free ... More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels