New Zealand’s revised emissions trading scheme is an insult to New Zealand’s environmental reputation and sends a clear international message that we’re not serious about tackling climate change, says Greenpeace.
"We now have on the table a pathetic ETS which won't actually do
anything to reduce emissions," said Greenpeace Political Adviser
Geoff Keey. "Under the scheme as proposed, our emissions will just
keep climbing and taxpayers, rather than polluters, will have to
pay for them. This is dangerous both in terms of equity and in
terms of what climate science is telling us."
Keey said the most objectionable changes included, but were not
- The intensity based approach being taken, which will allow
our emissions to keep rising. "This appears to be capitulation to
Fonterra," said Keey.
- The price cap on carbon built into the scheme and the slow
phase-out of free carbon credits - "massive corporate welfare that
taxpayers will pay for."
- The fact that the scheme's been based on National's 50% by
2050 emissions reduction target. "This target is completely
inadequate and out of date. Other developed countries have pledged
to do at least 80% by 2050," said Keey.
"What was clear from attending the negotiations was that New
Zealand wants to meet its climate target by plundering cheap
credits from poor countries and then when those are all gone, tell
poor countries it's their turn to do the work."
"This Bill will do almost nothing in terms of actually reducing
New Zealand's emissions, which, lest the National Party forgets, is
the imperative with climate change, not window dressing."
Greenpeace is calling on the Government to adopt a 40% by 2020
emission reduction target and put in place the necessary policies
to reach that target.
Other contacts: Geoff Keey – Greenpeace Political Adviser- 021504486
Kathy Cumming – Media and Communications – 021 495 216