The Dompost reports that the Greens will not vote for the Emissions Trading Scheme if the introduction of transport fuels into the scheme and the end of free allocation of credits are delayed. Without the Greens, the Bill will probably not pass.
I have a lot of sympathy for the Greens’ position. The ETS is not all it could be as a scheme to tackle climate change. BUT it is the only game in town. If the ETS does not pass there will be no carbon pricing scheme. Don’t think for a second that National would introduce one. They want the ETS to fail and always have. When push comes to shove, National will always be on the side of the pollutors.
The Greens must be able to find some arrangement with labour to support the scheme in return for some policy concession – a subsidy on the construction of renewable power generation, for example, to encourage renewables and keep electricity prices down, or a major low-carbon technology research and development prpgramme.
It’s no use the Greens cutting off their nose to spite their face. Better to have the ETS in place as a foundation for climate change policy going forward than a policy vacuum.