Topic: New Zealand becomes first country to introduce carbon tax
Agent 204
rabble-rouser
Babbler # 4668
posted 06 May 2005 08:50 PM
quote: New Zealanders will pay an extra NZ$2.90 (£1.11) a week for electricity, petrol and gas when the country becomes the first in the world to introduce a carbon tax to address global warming.
It is expected to add about 6% to household energy prices and 9% for most businesses but will help the economy in the long run, according to Pete Hodgson, the minister responsible for climate change policy.
Article continues Mr Hodgson set the tax yesterday at NZ$11 a metric tonne of carbon emitted. It will come into effect in two years. "If we are going to tackle climate change, we need to start taking environmental costs into account in the economic choices we make," he said.
Source.
From: home of the Guess Who | Registered: Nov 2003
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ReeferMadness
rabble-rouser
Babbler # 2743
posted 07 May 2005 02:28 AM
Well done, Kiwis!!! .... except
quote: The most energy-intensive businesses will be exempted so they are not forced to shut or relocate. In return companies such as Comalco, which uses 15% of the country's power, and Carter Holt Harvey, the country's biggest sawmill, must commit to reducing carbon emissions.
D'OH!!!!!
From: Way out there | Registered: Jun 2002
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maestro
rabble-rouser
Babbler # 7842
posted 07 May 2005 07:01 AM
As good a step as this is, it's the same old story...the poor working stiff pays the carbon tax to heat his home and drive back and forth to work, while the company 'commits to reducing carbon emmisions'.
And this is in a relatively progressive country. The biggest carbon producer in the world isn't even interested in cutting back.
From: Vancouver | Registered: Jan 2005
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Agent 204
rabble-rouser
Babbler # 4668
posted 07 May 2005 07:04 AM
Yeah, I missed the part about the fatcats being exempted. Still, better than nothing.
[ 07 May 2005: Message edited by: Agent 204 ]
From: home of the Guess Who | Registered: Nov 2003
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posted 06 May 2005 08:50 PM
