| Sourced From Odt.co.nz |
The National Government’s Bill to amend Labour’s emissions trading scheme (ETS) will pass its first reading in Parliament tonight and be referred to a select committee amid continued quarrelling over which scheme would cost the taxpayer more.
| Sourced From NZHerald.co.nz |
Air New Zealand’s strong preference is that the NZ ETS be abandoned at this stage.Norm Thompson, Air New Zealand deputy chief executive New Zealand businesses could benefit from having a practice run at emissions trading while the Government sets a temporary “ceiling” on the price that can be paid for carbon credits, a parliamentary select committee has been told.
| Sourced From RadioAustraliaNews.net.au |
New Zealand’s carbon emissions trade scheme may face further delays as Australia puts off the start date of its related legislation.
Paint manufacturer PaintPlus has become the first small enterprise in New Zealand to be carbon neutral, achieving government body LandCare Researchs CarboNZero certification.
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Climate-change policies are an air-mile ahead of the other pressing environment challenges facing the country this election.
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The economic recession could contain an unlikely silver lining: Lower carbon prices for companies entering the emissions trading scheme.
New Zealand will host a conference of climate specialists this week where talks will be held if Aussies and Kiwis can have their emissions schemes linked with each other to have a wider range of abatement options. Critics like KPMG climate change analyst Antony Cohen believe this can shoot carbon permits prices to $40 per tonne in Australia and can also increase electricity rates by 30%.
Aussies currently plan a scheme which will restrict import of carbon permits and will totally disallow their export, whereas New Zealand does not have any such restrictions in their scheme.
The 4th Australian-New Zealand Climate Change and Business Conference (PDF) will be held in Auckland from August 18-20 and Rudd will meet Kiwi PM Helen Clark to consider the carbon trading schemes.
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