Governance News from Manifest - ISSN 1745 - 1132

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Environment

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The New Zealand Green Party has unveiled proposals that would charge companies for their greenhouse gas emissions. Under the plans, companies bringing fossil fuel into the New Zealand economy – whether through mining or exporting it – will be required to purchase carbon emission units to cover the carbon released when that fuel is burned. Among the other industries covered by the plan are agriculture – and in particular dairy farming – and forestry. Jeanette Fitzsimons, Green Party co-leader, said the plan offers a viable framework for meeting New Zealand’s carbon commitments. The Green Party, she said, is of the opinion that it should be carbon emitters, and not the tax payer, that meet the cost of the country’s Kyoto liabilities. “By using a mixture of carrot and stick,” she argued, “we can gradually link the New Zealand economy to the world price of carbon”.

 

April, 2007

   

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