Govt gives cut-price rate to climate polluters

The National Government is choosing to disregard the welfare of future generations by allowing polluters to pay less than half the true cost of their climate emissions, the Green Party said today.

A new OECD study conservatively estimates the cost of future climate disasters caused by emissions today - such as droughts, floods and destructive storms - at around $NZ47 for every tonne of CO2. Polluters in New Zealand currently pay just $18.85 for each tonne CO2.

"National falsely believes it needs to protect the short-term profits of a few polluters, even if it means our children and grandchildren inherit a climate that is unsafe and unstable,” said Green Party coleader James Shaw.

“The low carbon price today is a legacy of National’s decision to allow cheap, fraudulent carbon credits to be traded in New Zealand, and the decision to exclude emitters like the agricultural sector from having to pay for their pollution.

“If governments like ours don’t act now to cut climate pollution, our children and grandchildren will inherit a world where it's harder to grow food and where there’s more global insecurity. This is more short-term thinking from National,” said Mr Shaw.

Latest Climate Change Announcements

Story

Green Party backs School Strike demands

The Green Party backs the demands of the School Strike for Climate.
Read More

Story

Big emitters will have to do more to cut emissions

The biggest polluters will have to do more to help meet climate targets because of changes the Government is making to decade-old settings that hav...
Read More

Story

Pricing must cut agriculture emissions

Cutting climate pollution must be the number one priority for Cabinet when considering how it intends to price agricultural emissions, the Green Pa...
Read More

Story

Agricultural emissions proposal falls short

The He Waka Eke Noa agricultural emissions pricing proposal leaves more questions than answers, the Green Party says.
Read More

Story

Budget 2022: James Shaw Budget Speech

Mr Speaker, It has taken four-and-a-half years to even start to turn the legacy of inaction and neglect from the last time they were in Government ...
Read More

Story

Budget 2022: Greens celebrate landmark investment in climate action

Landmark week for climate action concludes with climate budget Largest ever investment in climate action one of many Green Party wins throughout B...
Read More