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Govt doesn’t understand ETS

09/05/2022

Homepaddock

Environment Minister has announced yet another scheme that will make no difference to the country’s emissions:

The Taxpayers’ Union is slamming Climate Change Minister James Shaw’s announcement that the Government is to spend $10 million of taxpayer money to remove coal boilers in New Zealand schools based on a false claim that it will “reduce emissions”.

Reacting to the announcement, Jordan Williams, a spokesman for the Union, explains:

“James Shaw is, yet again, failing to follow the advice of the UN’s Intergovernmental Panel on Climate Change by trying to tinker with emissions already covered by the Emissions Trading Scheme.”

“Mr Shaw claims that this spend will ‘reduce’ emissions by 36,000 tonnes over ten years. That means he’s paying $278 per tonne vs the $76.50 it would cost at the current ETS price.”

“But it’s even worse than inefficient. Because coal burners are already covered by the ETS, the emissions are simply freed up…

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