Latest news -
1 July 2010 has arrived
and that means the Emission Trading Scheme is going to impact on everyone
through higher fuel and electricity costs. See what this means to
you, click here.
You will also be able to see the impact of the forthcoming Tax cuts and
the ACC Employee levy increases as a mitigation of the cost increases.
For quite some time now New
Zealanders have been bombarded with information about climate change,
greenhouse gases, carbon credits, emissions trading, to name just a few of
words in this reasonably new language.
Leading up to the initial Climate Change legislation in September 2008, the Government
had an army of civil servants and others generating copious reports,
theoretical models with very little about the financial implications of
the policies that the general public could read and understand.
developed to change that and allow individuals to look at some
aspects of their "carbon foot-print" as well as looking at the financial
impact of the forthcoming climate change policy regime, starting with land based activities
(because they are the most significant and probably least understood.
Although the Kyoto protocol
is about "fixing" greenhouse gas emissions relative to 1990 levels (a period when
NZ was climbing out of the post 1987 crash while everyone else in the world
had moved on), Prime Minister at the time Helen Clark is reported as having
seriously suggested a zero emissions objective. This would come at a huge cost
to NZ Inc. And in the context of world emissions, NZ contributes an
infinitesimal amount of CO2e (Carbon dioxide equivalents) -
0.2%. However, there is no denying that NZ needs to be
playing its part. Only time will tell at what cost!
One of the major anomalies of the Climate Change
legislation is the expropriation of value
from private owners of pre-1990 forested land, the majority of which is Maori
land. Click here. The situation arises
because of the deforestation liability incurred if the use of the land is
Check on the savings you may be able to make from
low energy light bulbs,