Loomio
Thu 13 Jul 2017 10:05AM

Should we strengthen the ETS to get rid of bogus credits and include all industry?

TH Tane Harre Public Seen by 119

In 2002 the Labour government passed the Climate Change Response (Emissions Trading) Amendment Act 2008. It doesn't cover some industry (farming), and it has been criticised for allowing the purchase of bogus credits and having no base price.

Some history

The Act

CE

Colin England Sat 2 Sep 2017 10:18PM

Not a hell of a lot as a single value does not make up information. We need to look at the trend and the trend from 1990 to now is up.

IA

idiom axiom Sun 3 Sep 2017 5:02AM

If the peak was in the past then the trend is down. How is this hard?

CE

Colin England Sun 3 Sep 2017 11:19PM

Because it's been rising again which means that the trend line needs to be from 1990 to now.

TF

Tāne Feary Fri 1 Sep 2017 8:03AM

The ETS is not effective. Treasury should fund a bold climate policy. NZ can invest in things like tidal energy. Climate minister should crowdsource a bold plan. Have an annual climate summit.

TF

Tāne Feary Sat 2 Sep 2017 10:23PM

100% clean energy and free public transport would = massive emissions reductions. Farming sector needs help to transition too.