Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Climate Advice Still Compromises ETS

The Commission’s final advice released today includes more discussion of the role of the ETS in achieving net zero carbon emissions by 2050. But it does not provide sufficient justification for compromising the Emissions Trading Scheme, BusinessNZ says.

BusinessNZ chief executive Kirk Hope says the CCC policy recommendations that limit offsetting activities would still impair the ability of the Emissions Trading Scheme to do its job.

"Business is supportive of decarbonising the economy, but we wish to do it in a way that does not harm productivity and jobs.

"It’s good to see the CCC has undertaken further sensitivity analysis to test how further uncertainties could impact on the ability to meet the recommended emissions budgets

"Business will be heartened that the CCC’s final advice contains more discussion of the need for policymakers to work closely with business to ensure the policies do least economic damage."

Mr Hope said business would also be seeking reassurance that CCC recommendations would not end up imposing more costs than needed to reach emissions reduction targets.

"There is concern among business that the CCC may not be considering a ‘least cost’ approach to its policy recommendations. We believe policy changes as significant as these should receive cost benefit analysis that can show the least cost possible falling on New Zealand producers and consumers from the regulations arising from the CCC’s recommendations."

"The onus is now on the Government to take into account these concerns when considering its emissions reduction plans."

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Covid-19: Covid Alert Level 2 in Wellington till the end of the week


The Wellington region will move to alert level 2 from 6pm tonight until 11.59pm on Sunday.
The announcement comes after a person who travelled from Sydney to Wellington tested positive for the virus upon their return.... More>>

ALSO:




 
 



Environment: Bringing Back The Health Of Hauraki Gulf

New marine protection areas and restrictions on fishing are among a raft of changes being put in place to protect the Hauraki Gulf for future generations.
The new strategy, Revitalising the Gulf – Government action on the Sea Change Plan, released today... More>>

ALSO:

NZ First Returns: Winston Peters - AGM Address

Ladies and gentlemen, it’s a pleasure to be in Auckland for the 28th New Zealand First Party Conference. It is our intention and mission to remain the most successful political party outside of National and Labour in the last three decades... More>>



Government: New Members Appointed To Waitangi Tribunal

Minister for Māori Development, Hon Willie Jackson, today announced the appointment of three new members to the Waitangi Tribunal and the reappointment of one existing member to the Waitangi Tribunal... More>>

NZNO: Nurses Reject DHB Offer And Confirm Strike Action

The New Zealand Nurses Organisation says its 30,000 members who work in DHBs have voted overwhelmingly to reject a second offer in their current round of multi-employer collective agreement (MECA) negotiations... More>>

ALSO:


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels