Labour adopts National climate change policy

It is no surprise that National has endorsed Labour’s emissions trading scheme.  It is closer to National’s  than to previous Labour policy.

Incidentally think the uncertainty over the price of carbon might mean that a tax is a better option at stage, especially if one tied the tax to the actual level of warming.

No Right Turn has knowledgable analysis.  He points out that while Labour is setting targets for various sectors to be carbon neutral (such as electricity by 2025), the exemption for agriculture means that being “carbon neutral by 2040 in everything but agriculture” is actually less of a commitment than National’s proposed goal of 50% by 2050.

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