INDEPENDENT NEWS

Preferred Kyoto plan on hold

Published: Wed 10 Apr 2002 01:45 PM
Government has delayed the release of its preferred approach to ratifying the Kyoto Protocol says the Employers & Manufacturers Association (Northern).
The plan previously due early this month is now not expected until mid May.
"Business will take this latest delay as a sign Government is rethinking how New Zealand should proceed to implement the Protocol," said Alasdair Thompson, EMA's chief executive.
"We welcome the signal Government is prepared to take into account New Zealand's economic future on this issue.
"Virtually all New Zealand business from manufacturers to farmers and foresters have expressed the strongest opposition to plunging headlong into the Kyoto commitments without first analysing in detail what they will mean for our standard of living and economic growth.
"Nevertheless New Zealand will undoubtedly still ratify the Protocol at Johannesburg in September.
"But we are pleased further ways are being explored before Government lumbers New Zealand business and growth with onerous new burdens in an effort to limit carbon emissions.
"New Zealand must proceed with the Protocol only in tandem with our trading partner countries, especially Australia and the US."
Ends

Next in Business, Science, and Tech

NASA Hand-picks Kiwi Nut Butter Brand Fix & Fogg To Travel To Space In NZ First
By: Fix and Fogg
Sailors To Revolutionise Our Understanding Of Pacific Biodiversity
By: Citizens of the Sea
Making A Splash With Online Safety: Netsafe Launches New Flagship Programme For Kids
By: Netsafe
Flood Resilience PhD Student Widi Auliagisni Named Future Thinker Of The Year 2024
By: NZGBC
European Free Trade Agreement A Game-changer For Canterbury
By: Business Canterbury
Business Canterbury Urges Council To Cut Costs, Not Ambition For City
By: Business Canterbury
View as: DESKTOP | MOBILE © Scoop Media