13 April 2011

Coming Clean - New Zealand's Emissions Trading Scheme Explained

There is a new video available on-line explaining the NZ Emissions Trading Scheme.

Its called Coming Clean - New Zealand's Emissions Trading Scheme Explained and the film maker is Lindsay Horner.

Its very good. It hammers the key points well;
  • that the NZETS lacks the real cap on greenhouse gas emissions that is an essential part of a textbook 'cap-and-trade' scheme.
  • that relying on post-1990 forestry carbon credits to match growth in GHGs since 1990 is the same as borrowing on a credit card, as the forestry carbon credits will have to be surrendered when the forests are eventually logged.


Coming Clean - New Zealand's Emissions Trading Scheme Explained from Lindsay Horner on Vimeo.

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