INDEPENDENT NEWS

ACT to vote against Zero Carbon Bil

Published: Tue 5 Nov 2019 03:23 PM
ACT to vote against Zero Carbon Bill, emissions trading scheme changes
ACT Leader David Seymour has confirmed that he will vote against the second reading of Government’s Zero Carbon Bill and the first reading of its Emissions Trading Scheme legislation.
“These bills give the Government and in particular the Climate Change Minister massive power over the economy.
“The proposed changes to the Emissions Trading Scheme allow the Minister to prevent New Zealanders from offsetting their emissions through overseas sources at a lower cost by restricting the number of approved overseas units.
“ACT believes that New Zealanders should be allowed to offset their emissions at the lowest possible cost, no matter their source or location.
“These provisions will increase costs on New Zealand households and businesses by raising the price of emissions.
“The Bill also allows the Government to make regulations prescribing price controls, minimum auction prices, and reserve amounts of New Zealand units to be released.
“ACT opposes the idea that the government should have a monopoly over such decisions.
“We will also continue to oppose the Zero Carbon Bill because it gives unfettered power to the Climate Change Minister over the economy.
“The legislation vests in the Minister the power to make an emissions reduction plan for the entire economy and to change it at any time.
“Let’s say the Minister wants to reduce the amount of electricity consumed to help reach targets for renewable energy. Under the bill, the Minister could make an emissions reduction plan that effectively shuts down Tiwai Point.
“With billions of dollars and thousands of jobs at stake, people will lobby and counter-lobby. Instead of being productive, the most important skill in business will become seeking political favour.
“Every sector’s ability to survive and expand will depend on getting an allocation of units from the Minister in the carbon budget.
“It is surprising that the National Party is voting to give the Minister and the Government such massive power over the economy.
“ACT will once again provide the principled voice of opposition against the Labour Government by voting against the entire Parliament 119-1.”
ends

Next in New Zealand politics

Gordon Campbell on the farming sector’s persecution complex
By: Gordon Campbell
Independent review of prisoner mail management released
By: Department Of Corrections
IPCA releases reports on the unlawful detention of teenager
By: Independent Police Conduct Authority
New safety measures for modified pistols
By: New Zealand Government
Government fixes culturally arranged marriage visa issue
By: New Zealand Government
Budget investigation shut down and new inquirer appointed
By: State Services Commission
Mysterious foundation loaning New Zealand First money
By: RNZ
Criminal Cases Review Commission established
By: New Zealand Government
National backs farmers marching against Govt policies
By: New Zealand National Party
Ag Proud NZ encourage positive not provocative actions
By: Ag Proud
March on Parliament deliberately created confusion
By: NZ Forest Owners' Association
Who will pick up Essential Freshwater’s $80b price tag?
By: DairyNZ
DairyNZ claim of economic ruin "misleading"
By: Fish and Game New Zealand
New Zealand Roundtable for Sustainable Beef launched
By: Beef And Lamb NZ
Personality important in farmer anxiety
By: Lincoln University
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media