Comments on: National’s subsidies for polluters to cost $73 billion

By: frog

frog — Fri, 16 Oct 2009 02:12:55 +0000

Treasury may not be all we would like ideologically, but no one ever accused them of being innumerate! They can add, subtract, divide and multiply better than most. If they say this is a financial pig, it probably is.

By: Smith out-does Tolley as most incompetent minister at The Standard

Smith out-does Tolley as most incompetent minister at The Standard — Fri, 16 Oct 2009 01:23:28 +0000

[...] Marty discovered, National’s ETS will cost us $73 billion in added debt by 2050 and it’s being rushed through as such a stupid pace that no-one knows [...]

By: Alastair Jamieson

Alastair Jamieson — Thu, 15 Oct 2009 15:00:38 +0000

If NZ govt's climate emissions bill passes, it will blow out debt by $54-$73 billion & emissions won't decrease http://bit.ly/1ThcOq

By: snoozer

snoozer — Wed, 14 Oct 2009 03:42:57 +0000

Treasury are ideologues but they can do simple modelling.

No reason to think they dont’ have the basic fact right: we the taxpayer will be paying a lot for subsidising polluters forever ( yup – forever – the free carbon credit allocation decreases at 1.3% year on year, so never reaches zero)

By: gitmo

gitmo — Wed, 14 Oct 2009 03:25:15 +0000

Do you believe anything that comes out of treasury.

By: JellyBean

JellyBean — Tue, 13 Oct 2009 22:42:45 +0000

“National’s subsidy to polluters today will be paid for by our children and grandchildren in the decades to come.”

future generations will be paying double – yes, in terms of the money – and, more importantly through the impacts of the government effectively encouraging pollution. oh, only as long as you produce more of course.

way to go government.