New Zealand ETS – All-party support for pollution market is the real ETS outrage
by David Colyer
Outrage has greeted the deal reached between the National and Maori Parties over the pollution market policy (emissions trading scheme or ETS).
But the really terrible thing is not the Maori Party’s sell out, or the details of the deal — and both these are horrible — it’s the fact that a pollution market is only response to climate change any party in parliament can come up with.
Just as bad (or even worse) is that the major environmental groups campaigning for action on climate change — Greenpeace and 350 — are also putting their faith in the pollution market approach. They should be blowing the lid on the world-wide pollution market con-job.