Fix the Carbon Trading Scheme

Fix the Carbon Trading Scheme

The cost of carbon emissions needs to be made real for there to be the needed incentive to change practices. The National Govt in the 1990's tried to introduce an effective scheme which was resisted "tooth and nail" by the Business Roundtable who brought out "Climate Change" deniers to NZ. Labour introduced a cut down scheme but left in an ability to trade in "international credits" These Junk bonds drove the price down to the degree that there was no incentive to change practice or plant trees. Simply removing the international option means that we in NZ get the benefit locally and the price should return to something realistic. Also agriculture needs to be included. Essentially it is our children's and grandchildren's future that we are talking about.