The New Zealand Parliament has flung the country head long into an Emissions Trading Scheme.
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Wednesday 10th September 2008. -
The Government’s flagship climate change legislation has been passed into law.
The bill that sets up the emissions trading scheme (ETS) was the last essential item that had to be passed before the election and it went through its third reading tonight on a 63-57 vote.
Electricity comes under it in 2010, transport in 2011 and agriculture in 2013.
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New Zealand now joins 27 others nations that have adopted emissions trading schemes.
(thanks to Agmates reader Jeff)
Agmate Jeff’s Comment:
The mindset shows through in the statement “charging the polluter”, indicating CO2 is a pollutant. Grin and bear it, we’re next.
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Tags: Emissions Trading Scheme, NETS, New Zealand