The effects of Kyoto treaty for New Zealand
Foresters urge
The government has discovered that forecast emissions of greenhouse gases have jumped and estimates of the amount of carbon forests will absorb have fallen.
So
That means that instead of having a surplus of carbon credits, as the government predicted last year,
The Kyoto Forestry Association says New Zealanders strongly support the protocol and are concerned about climate change, but the government has implemented it incompetently.
Spokesman Roger Dickie told parliament's Commerce Select Committee the government will now end up writing large cheques to industry in
"Public support for
He said a study by UMR Research in January showed 74% of New Zealanders regard climate change as a serious environmental issue facing the country and nearly 40% believe it is the most important environmental problem facing the world.
Dickie said public support for the
He said this would allow the planned carbon tax to be dropped, and tree planting, which is almost inexistent at the moment, would be boosted to more than
"The system we are recommending is the one intended by the world's leaders when they developed the protocol," Dickie said.
"It would create economic incentives in favour of the environment and against pollution. The government's only role would be to regulate the domestic carbon credit market, instead of taking risks and liabilities itself."