Parliament

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

 

Zero Carbon Bill hurts the environment and the economy

“The Government’s discrimination against overseas sources of emissions reductions will hurt the environment and the economy”, ACT Leader David Seymour says.

“The Zero Carbon Bill, as currently written, says that New Zealand’s emissions budget must be met, as far as possible, through domestic sources.

“But why should New Zealanders be restricted to purchasing just domestic units? It shouldn’t matter if trees are planted in Northland or in the Amazon rainforest.

“ACT believes that government should be neutral on the question of where emissions offsets take place.

“If New Zealanders are forced to offset their greenhouse gas emissions by paying $25 or more a tonne for domestic units, when they could be paying a lower price for overseas units, this will have a significant impact on the cost of living. It will raise the price of fuel, food and other everyday consumer goods.

“That’s why I am proposing an amendment to the Zero Carbon Bill this afternoon which would allow New Zealanders to achieve their emissions reduction obligations at the lowest possible cost.

“In setting more aggressive targets than other countries, and forcing New Zealanders to purchase more expensive domestic units, the Government will not only harm the economy but also force economic activity to less efficient jurisdictions, increasing global emissions. This is known as carbon leakage.

“The proposed amendment will combat carbon leakage by ensuring New Zealanders don’t pay more per tonne to achieve their emissions reduction obligations than overseas competitors.

“Some have questioned the quality of overseas units, so the amendment also introduces requirements for all units, regardless of their origin, to be of a quality approved by the Minister.

“If the Climate Change Minister is serious about tackling climate change, he will allow New Zealanders to achieve their emissions reductions at the lowest possible cost.”


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Overseas Investment Rules: New National Interest Test

Associate Finance Minister David Parker said under current Overseas Investment Act rules, assets such as ports and airports, telecommunications infrastructure, electricity and other critical infrastructure are not assessed through a national interest lens.

“We are introducing a number of new powers, consistent with global best practice, to protect New Zealanders’ best interests in such important – often monopoly – assets,” David Parker said.

Responding to concerns about overseas investment in water bottling, the Government will also require consideration of the impact on water quality and sustainability of a water bottling enterprise, when assessing an investment in sensitive land. More>>

 

Matter Of Trust: Peters Says NZ First Loans Legal

"Allegations raised this morning by Stuff Limited / Fairfax concern a party matter but I am confident that New Zealand First has operated within electoral laws, now and for the last 27 years." More>>

ALSO:

PGF CONFLICT OF INTEREST:

Gordon Campbell: On Labour’s Age Problem, And The Port Hills

Labour has been steadily improving its gender balance to the point where there are now 21 women in its caucus out of 46 MPs in all... Yet Labour has been just as steadily losing the generational battle to the Greens. More>>

ALSO:

Child Deaths Revealed: NZDF Deal To Clear Afghan Firing Ranges

The Defence Force has agreed a deal to clear unexploded ordnance in Afghanistan after revelations seven children were killed by unexploded devices left there. More>>

ALSO:

Charles & Camilla: Visit Takes Royals From Waitangi To Christchurch

Domestic violence services, conservation and education are all on the list for the royal tour. The Prince of Wales and the Duchess of Cornwall will spend a week travelling the country from Waitangi to Christchurch. More>>

ALSO:

Gordon Campbell: On The Farming Sector’s Persecution Complex

The narrative that our farmers are ‘doing it tough’ plays into a number of wellworn stereotypes ... More>>

ALSO:

corrections, prisonCorrections: Independent Review Of Prisoner Mail Management

The independent review into the prisoner mail system has today been released, with Corrections accepting all 13 recommendations and making a number of changes to strengthen the management of prisoner mail. More>>

ALSO:

IPCA: Unlawful Detention Of Teenager; Influence Of Investigation

The Independent Police Conduct Authority has found that former Inspector Hurimoana Dennis unlawfully detained an Auckland teenager in 2015, and improperly influenced the outcome of a criminal investigation into his own son in 2014. More>>

ALSO:

SOP For Gun Bill: New Measures For Modified Pistols

The new controls will • Prohibit short-barrelled semi-automatic rifles which currently are defined as pistols because they are shorter than 762 millimetres. • Introduce tighter controls over pistol carbine conversion kits… • Prohibit firearms which contain a part known as a centrefire lower receiver… More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels