NZ Herald: Heat increases on Govt to delay start of carbon trading

Adam Bennet writes in the New Zealand Herald about the mounting calls by business, farming and some political groups to delay or soften New Zealand’s planned emissions trading scheme (ETS).

The move has come as involved groups note that Australia has yet to implement an ETS, with the worry being a local ETS not matched by Australia could encourage a flight of both capital and people form NZ.

An excerpt: (read in full here)

“Yesterday Business New Zealand chief executive Phil O’Reilly confirmed his organisation was one of a number of signatories to a letter from business groups to the Government in March asking it to delay or alter the entry onJuly 1 of key parts of the scheme.

“The Herald understands other signatories included the NZ Chambers of Commerce, the Road Transport Association, the Petroleum Exploration and Production Association, the Major Electricity Users Group and the Meat Industry Association.”