Monday, 21 November, 2011 – 12:40
Campaign Speech on the Emissions Trading Scheme
Don Brash, Leader ACT New Zealand
Bureta Park Inn, Tauranga
Monday 21 November 2011
My talk today is about the economy. It’s one of three that I’ll be giving this week as New Zealanders close in on the polls. This particular one focuses on the Emissions Trading Scheme, one of the most damaging policy choices that New Zealand has made in recent years.
This is an adopted article.
New Zealand’s hyperactive adoption of the world’s only all-sectors-all-gases Emissions Trading Scheme will not save us money on international obligations, because after the Kyoto Protocol expires next year there will not be any such obligations. It will not affect the global climate because New Zealand’s emissions form an utterly trivial fraction of global emissions [0.2% - Ed.]. It will not set an example to the world: if anything it will show the world that trying to lead on climate change policy is counterproductive. It might improve “Brand New Zealand,” but only at an unacceptable cost.
First, though, let me set some context. Read more… »