Fiddling while Earth warms

In Editorial

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9th July, 2012
The Government’s precautionary approach to the Emissions Trading Scheme may be widely seen as a cop-out, but it is also one of its safer decisions politically. It is hard to think of a worse time than this to impose more costs on agriculture and households. The political backlash for imposing a scheme that few New Zealanders even understand, and whose actual cost impact is unknowable, would have been enormous. This does leave New Zealand in a vulnerable position in both trade and reputational terms. We know that we are the world’s most efficient agricultural producer, and that we can, by ...

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