Rimu's blog

Hi

I oppose the Climate Change Response (Moderated Emissions Trading) Amendment Bill, mostly because of the intensity based allocation. Intensity based allocation offers polluters little incentive to reduce emissions, instead it merely provides an incentive not to emit any more (as a ratio of production) than they do already. So if production goes up then emissions can also, as long as emissions only go up by the same amount. Further, when this happens the taxpayer will pick up the tab for the extra emissions as this ETS only allocates carbon within NZ and we (the country as a whole) will still need to meet our international obligations.