So how “transformational” will the zero carbon legislation prove to be?
Many New Zealanders have come to believe global warming poses a real danger to their lives – but will the new legislation remove, or even lessen, the danger?
Under the legislation, agriculture for the first time is brought into the emissions trading scheme. That’s won support from Green lobbyists, but many say it’s too little, too late – “a weak-ass carbon reform”.
On the other side, the criticism is just as pointed. There are no tools to measure on-farm emissions and what the government proposes could shrivel NZ’s growth rate by up to $50bn a year. Continue reading “Leading the world and saving it, too – but let’s brace for a drop in our standard of living (and wellbeing)”