Scoop has an Ethical Paywall
Licence needed for work use Learn More
Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Labour Gambles Away Prosperity On Kyoto

Labour Gambles Away Prosperity On Kyoto

Friday 13 Sep 2002 Deborah Coddington Press Releases -- Economy


The Labour Government is gambling away the prosperity and happiness of New Zealand children, ACT Economic Development Spokesman Deborah Coddington said today.

"In response to a written question to Hon Pete Hodgson on the impact of Kyoto measures on the New Zealand economy and job losses, the Minister admitted `there are no estimates of the economic impacts of climate change policies beyond the first commitment period'.

"This is typical short-term politics. The first commitment period ends in 2011 when Mr Hodgson and the Prime Minister - who swanned around Johannesburg pretending to save the planet - will be retired from Parliament on healthy pensions. Meanwhile, the rest of the country will be paying through the nose for essential products like petrol.

"Conservative independent estimates show that when the second commitment kicks in, we'll be paying ten times the amount to honour our commitments. That means, for example, an extra 50 cents a litre for petrol.

"And what about livestock? Will there be a new breed of cows that don't emit methane? Or will farmers be forced to reduce their stock numbers?

"The government can't answer these questions because, in the Minister's own words, `there are no estimates of climate change policies beyond the first commitment period'.

"This is outrageous and the Government should come clean with the New Zealand public with the facts: one, that Kyoto does nix for global warming, it just delays the warming by six years, and two, after our carbon sinks are spent the draconian stuff kicks in.

"New Zealanders will be paying heavily for this for the next four decades."

For more information visit ACT online at http://www.act.org.nz or contact the ACT Parliamentary Office at act@parliament.govt.nz.


Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.