Comments on: Nick, nobody has an ETS like ours

By: Andy

Andy — Sat, 26 Jun 2010 00:37:08 +0000

Just to rub salt in the wound, Richard North has followed up on the CFC / CDM scam here

http://eureferendum.blogspot.com/2010/06/perverse-consequences.html

which has also been reported in Le Monde (link on euref above)

Put simply, manufacturers are creating a gas – HCF 23 – a very potent greenhouse gas which they can then get carbon credits for by destroying the gas. The credits from destroying the gas are 70 times the cost of production.

This is making “entrepreneurs” in China and India very rich, and we will be paying.

Time to take a deep breath and then count to 10….

By: G.S. Williams

G.S. Williams — Fri, 25 Jun 2010 23:39:50 +0000

Hi,

It seems to me that the “ETS” , rather than being an Emissions Trading Scheme, is an Emissions Taxing Scam.

Nick Smith must know that the IPCC has been making fraudulent statements, therefore the ETS is also fraudulent. QED.

G.S. Williams

By: Climate Conversation Group » We’re alone in these trenches, Nick

Climate Conversation Group » We’re alone in these trenches, Nick — Wed, 02 Jun 2010 06:05:22 +0000

[...] with the ETS, we’re not like any other country. Nobody has an ETS like ours. We’re entirely [...]

By: Mike J

Mike J — Sat, 01 May 2010 00:41:08 +0000

Sounds like Smith is hiding behind a small lobby group to justify this huge tax. Stop blowing smoke, Smith and be honest for once. We are alone in the world on the breadth and depth of our ETS. It is an all-pervasive aggressive taxation. Admit it.

By: outtheback

outtheback — Wed, 28 Apr 2010 18:27:49 +0000

Is our dear Dr Smith really saying that those 12000 NZ ers planted those trees for the carbon credit promise? $300 per hectare (or so I was told by someone trying to sell me the scheme) come on. No one until earlier this century could have planted trees with that knowledge so anyone between 89 and some 6 years ago would have planted trees without the knowledge of this “windfall”. So how many people are we talking about now? Only those who planted trees since this first came about during the reign of our previous leader. But can anyone in their right mind claim that these credits were the main reason why they planted these trees. BS. The restrictions placed on these plantings once you claim the trade money would render it almost economical suicide. You have to plant trees again once you have cut them down, so you better have a very good crystal ball to see if there is still money in trees in 40 years time.
Trees planted in the early 90′s will start to be milled around 2018. Better hope that the demand for timber is still there in 2045. Oh, that’s right, that could be the reason why new plantings have dropped off over the last 6 years. Perhaps a vote further to the right is a better option next time.

By: Gary Kerkin

Gary Kerkin — Wed, 28 Apr 2010 11:48:04 +0000

Is it not curious that when John Boscawen quoted the Minister (Smith) from 2005 criticising the hardship that Labour’s “Carbon Tax” would cause to all New Zealanders (“It will drive up the costs of living and undermine the competitiveness of New Zealand business for negligible environmental gain”) the Minister replied that Mr Boscawen did not understand the difference – that Labour’s scheme was a carbon TAX whereas the ETS is NOT a tax? He said, however, “Nor is the scheme a tax. Although consumers and businesses will pay $350 million in the first year of the scheme for their emissions, foresters will receive $1,100 million in carbon credits for post-1989 forests. Far from providing net revenue to the Government, the scheme is actually a cost to the Crown. There are 12,000 New
Zealanders who, in good faith, planted trees on the assurances of both National and Labour Governments that they would receive carbon credits for those post-1989 forests. The emissions trading scheme honours that commitment.”

Perhaps the Minister would be kind enough to explain why consumers and businesses HAVE to pay $350 million if it is not a tax? And, if it is not a tax, to whom is it paid? Further he might like to explain where the $1,100 million in credits the foresters will receive will come from? Particularly as no other nation will have an effective, viable, ETS? Is the $350 million to be transferred to foresters from other New Zealanders? Where will the balance of $750 million be found? Or are we dealing with sleight of hand and cash from a popular board game?

By: Barry Brill

Barry Brill — Wed, 28 Apr 2010 10:24:10 +0000

Because New Zealand is the only country in the world to enact a national ETS – and certainly the only one to even think about including all gases and all sectors, we are the BEST. The world champion at “fighting global warming” with everything we’ve got. Gold medal for effort.

Now we come to timing. We are also the FIRST country to legislate for an ETS. Come the revolution, we’ll be ready willing and waiting – until America, or Japan, or India, or Australia …. or somebody (maybe Fiji)… catches up. Gold medal for speed.

Now we insist upon being the best SOLOIST – the only country to implement greenhouse gases while everybody else is starting to move away. Gold medal for stupidity.

Did John Key promise we wouldn’t be the world LEADER. He’s right – nobody is following!