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NZ: Emissions Trading Scheme appears to be dying

Posted on 25 February 2014

The Emissions Trading Scheme which is supposed to do the ‘heavy lifting’ in our climate policy “could not lift one dry Weet-Bix out of its box”. This is the view of University of Canterbury forestry expert Professor Euan Mason who sees New Zealand’s initial attempt to mitigate the problem of climate change as being “on its last legs”.
At least a million pine and fir tree seedlings, which had been grown in response to the ETS scheme, were recently destroyed with herbicide or mulched and ploughed into the soil because they were unsold in the 2013 planting season………………………………………..Full Article: Source


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