ETS – That’s our coffin they’re talking about

Written By: - Date published: 12:29 pm, July 27th, 2017 - 4 comments
Categories: accountability, climate change, ETS, global warming, national - Tags: , ,

Because of course:

ETS proposals ‘last nail in coffin’ – expert

The Government will introduce the auctioning of carbon units, limit use of international units and roll in a new price ceiling under just-proposed changes to New Zealand’s Emissions Trading Scheme.

But a forestry expert has criticised the moves, calling them the “final nail in the coffin” of the country’s main mechanism to meet its 2030 emissions reduction target under the Paris Agreement to curb climate change.

…Professor Euan Mason of the University of Canterbury’s School of Forestry said the changes would allow “thin air” carbon credits with no environmental credibility to be given to polluters and also auctioned. “The carbon price will be suppressed and the notion of ‘greenhouse gas neutrality’ will be undermined,” he said. “How could you recommend to anyone to participate in New Zealand’s emissions trading scheme when the supply of bogus credits is infinitely variable? “This is the nail in the coffin of our ETS.” …

Bennett denies it:

“We will only be letting in units of high environmental integrity that represent real emissions reductions.”

Given National’s record, do you trust them?

4 comments on “ETS – That’s our coffin they’re talking about”

  1. Bill 1

    I love how the world’s regarded as a series of hermetically sealed units. Does anyone really think that physics gives a toss whether atmospheric carbon is released from here or from there?

    Global warming is a problem of accumulation. And there’s a wee hint as to what that means being provided by the word ‘global’.

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