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

 

ExportNZ Calls For Least Cost Emission Reductions, Not High Cost

Catherine Beard, Executive Director of ExportNZ says ExportNZ fully supports New Zealand reducing emissions to net zero by 2050, but emphasises this needs to be an affordable journey to ensure our manufacturers, food producers and exporters maintain their competitiveness internationally.

"New Zealand needs to transition to a low carbon emissions future along with the rest of the world and we already have a great advantage with our high percentage of renewable electricity.

"ExportNZ supports the use of the Emissions Trading Scheme (ETS) to cap emissions, allowing trading to find the least cost emission reduction.

"Changes already made to the ETS will ensure the price of units will steadily increase and that free allocations to emission intensive trade exposed businesses will reduce. This will send a price signal to energy users to increase efficiency, lower emissions and offset the ones that are too expensive to reduce until the low emissions technology is available.

"The Government should be focusing on the emission reduction goal rather than picking sectoral winners as to how to get there.

"If the ETS has policy consequences that are considered negative for New Zealand, such as too many pine trees being planted on good food producing land, then policy interventions can be made to incentivise natives and marginal land planting.

"ExportNZ also supports the use of international emission reduction units that are verifiable and authentic, as a safety valve in the event that the changes to the ETS result in prices bringing abrupt economic shocks and widespread carbon leakage," Catherine Beard said.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Lancet’s Stance Against The Olympic Games, And On The US Culture Battles Over Abortion

Yesterday - barely a month before the opening ceremony - the Lancet medical journal has called for a global conversation on whether the Olympics should go ahead. But who is able to take part in that conversation? Not the hosts, evidently. In poll after poll, a huge majority of the Japanese people have made it clear they do not want to host the Games... More>>



 
 



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