Waiting for Parker

by frog

Apparently, an announcement is due this week on what the Government is going to do in lieu of the scrapped carbon tax. A carbon charge on power generation seems likely; in Minister David Parker’s words, “Having a price or risk of carbon cost to investors in generation is an important consideration for climate change policy.”

Too right. It’s economic tools that will produce the best results in the long run, by making it economically preferable not to pollute. But this affects more than just the electricity generation sector, which is why the original carbon tax was a much better proposal. We need, for example, to provide incentives for foresters not to cut down their trees for a quick profit, by letting them share in the economic benefits the country gains from the carbon credits they earn us, and the Kyoto Forestry Association agrees.

Hopefully David Parker will have taken this, and other suggestions from the Greens’ Turn Down the Heat Paper seriously. The forthcoming announcement will certainly be interesting.

Meanwhile, global warming has produced the milestone of the first olive grove in Britain. I love olives, but still…

frog says

Published in Environment & Resource Management | Parliament by frog on Tue, June 27th, 2006   

Tags:

More posts by frog | more about frog