The NZ government kindly gave me this QA about the ETS.
ETSQA.doc (42.5 KB)Slightly depressing, especially this bit:
The overall cost
to consumers and businesses of the emissions trading scheme in the first year
will be $400 million. From 2008 – 2012 the government will allocate $1.775
billion in carbon credits to the forestry sector. By honouring commitments to
give credits to the forestry sector, and by softening the costs to consumers and
businesses, the Government will be making a significant loss on the emissions
trading scheme.
The government is making a loss on the ETS? Whose money is the government's, exactly?
I also received this letter from Nick Smith in reply to my concerns on the ETS. To give him credit, he did actually read my emails and respond to specific questions.
ETS-NickSmith.pdf (73.04 KB)