01 June 2010

Whiff of self-interest

Vernon Small has written a good article in today's Dominion Post Whiff of self-interest in ETS air, noting the blatant self-interest of farmers being cultivated by the ACT Party as they stir up trouble over the impending New Zealand Emissions Trading Scheme.

Small notes In truth, farmers are bleating from a position of extreme privilege. They are having a "dream run" as greenhouse gas emissions from pastoral stock (48% of NZ's total) do not enter the NZETS until 2015.

He quotes Dr Jan Wright, the Parliamentary Commissioner for the Environment, saying that the biggest flaw in the NZETS is the high on-going level of free allocation of carbon credits/emission units that will be given to trade-exposed emissions-intensive industries.

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