Receiving ever increasing dividends from State-owned power companies – such as the $89.5m payout announced today by Meridian Energy – is something the Government will ‘have to get used to’ once the Emissions Trading Scheme comes into effect, ACT New Zealand Climate Change Spokesman John Boscawen said today.
“From July 1, Treasury forecast that power prices …
Posts Tagged ‘Emissions Trading Scheme’
Govt to Get Windfall Profits at Your Expense
Wednesday, March 31, 2010ETS Tax Responsible for Mass Deforestation
Friday, March 26, 2010It’s ridiculous for Climate Change Minister Nick Smith to claim that the Government’s Emissions Trading Scheme is responsible for the reduction in deforestation, when it was the ETS that caused the mass deforestation in the first place, ACT New Zealand Climate Change Spokesman John Boscawen said today.
“Dr Smith admits New Zealand’s plantation forest area grew …
Genesis Energy Confirms Price Increase
Wednesday, March 17, 2010New Zealanders can definitely expect to have to pay more for power from July 1, with Genesis Energy CEO Albert Brantley’s confirmation before the Finance Select Committee today that his company “will recover the cost” of complying with the Government’s Emissions Trading Scheme, ACT New Zealand ETS Spokesman John Boscawen said today.
“And it is not …
Reserve Bank Confirms ETS Tax to Lift Prices, Boost Inflation
Thursday, March 11, 2010Dr Allan Bollard, Governor of the Reserve Bank today confirmed what ACT has said all along; that the new ETS tax will lift the price of electricity and petrol from July and will push inflation to the top end of the Bank’s 2-3 per cent band, ACT New Zealand ETS Spokesman John Boscawen said today.
“The …
Let’s Axe the (ETS) Tax
Friday, March 5, 2010If Labour is so concerned that an increase in tax will hurt low income families – as demonstrated by Labour’s ‘axe the tax bus’ against a 2.5 percent increase in GST – then why isn’t Phil Goff prepared to stand against the ETS tax and campaign for it to be scrapped, ACT New Zealand ETS …
National’s Foolishness Will Cost NZ Dearly
Tuesday, December 1, 2009National’s rush to push through the Emissions Trading Scheme before the UN Climate Change Conference in Copenhagen has now left New Zealand exporters at a huge disadvantage following today’s defeat of Australian Liberal Party Leader Malcolm Turnbull, ACT New Zealand ETS Spokesman John Boscawen said today.
“ACT has said all along that it was foolish to …
Low-Income NZ’ers to Subsidise Power Companies
Wednesday, November 25, 2009ACT New Zealand ETS Spokesman John Boscawen today condemned National and the Maori Party for ramming the Emissions Trading Scheme into law today – thereby placing a massive financial burden on low-income New Zealanders.
“Implementation of the ETS will see many families struggling, while electricity companies enjoy windfall profits at their expense,” Mr Boscawen said.
“From July …
National: Too Lazy, Too Hasty
Monday, November 23, 2009ACT New Zealand ETS Spokesman John Boscawen today expressed disappointment over National’s back-door deal with the Maori Party in order to ram through its flawed Emissions Trading Scheme.
“The amended ETS Bill is likely to be rushed into law this week, without being subjected to full public scrutiny. As such, the true cost to the New …
Pork-Barrel ETS – The Worst Kind of Politics
Tuesday, November 17, 2009Climate Change Minister Nick Smith’s secret deal with the Iwi Leadership Group – gifting land to five iwi to gain support for the Government’s Emission Trading Scheme proposal is pork-barrel politics of the worst kind, ACT New Zealand MP John Boscawen said.
“The deal is being done behind closed doors to ensure Maori Party support,” Mr …
Government Needs to Put Brakes on ETS
Monday, November 16, 2009ACT New Zealand MP John Boscawen today urged the Government to slow down and await the outcome of negotiations in Copenhagen before rushing any legislation through, following the Finance and Select Committee’s inability to reach an agreement on the Climate Change Response (Moderated Emissions Trading) Amendment Bill.
“The process has been rushed from the start, but …