The Carbon ChallengeFacing the threat of climate change, the world community has to meet a major challenge: how to limit global emissions at the least possible cost to the welfare of this and future generations. But actual policy implementation throughout the OECD has been slowed by entrenched opposition from emission-intensive sectors of the economy - reducing emissions produces losers as well as winners, and hard choices have to be made. This book charts New Zealand climate-change policy since 1990, focusing on the interface between technical effectiveness and political sustainability. The message is optimistic: New Zealand can make the changes required by Kyoto, at acceptable cost, if political leadership is exercised firmly and impartially. |
Contents
List of Figures and Tables | 8 |
Troubling Vital Statistics | 20 |
How Did We Get Into This Mess? | 31 |
Casting Illusions Anatomy of the | 51 |
Much Ado About Very Little | 66 |
Let Them Eat Carbon | 80 |
Little Red Inconvertible | 119 |
Agricultural Protection Money | 136 |
Other editions - View all
The Carbon Challenge: New Zealand's Emissions Trading Scheme Geoff Bertram,Simon Terry Limited preview - 2021 |
Common terms and phrases
2009 amendments AAUs abatement options agricultural emissions Agriculture and Forestry allocation of NZUs Assigned Amount biochar border tax adjustments carbon credits Carbon Footprint carbon leakage carbon price carbon tax climate change policy Climate Change Response Commitment Period countries cover dairy deforestation developed economic effective electricity emission charges emission reductions emission units emissions pricing Emissions Trading Scheme emitters energy Environment environmental estimates exemptions export farmers Figure Fonterra forestry credits Framework free allocation gases gifted NZUs global government’s greenhouse gas emissions gross emissions issue Kyoto accounts Kyoto currency Kyoto forest owners Kyoto Protocol Kyoto units land large industry methane million NZUs Ministry of Agriculture National nitrification nitrification inhibitors nitrous oxide permanent forests pre-Kyoto forest owners production profit Projected Balance purchase reduce emissions sector Simon Terry subsidies Sustainability Council Table target Tim Groser tonne total emissions Treasury Zealand Emissions Trading Zealand government Zealand Treasury