Wednesday, November 26, 2008

Carbon News: NZ now a joke in Europe!

Scoop carries a press release from Carbon News, a website full of detailed info about the financial carbon trading markets. The world doesn't like the signals from Rodney-ised John Key:

“We have just fallen off the radar in Europe,” he said. “They are saying ‘all you do is talk. You’ve been talking since 1992. You are all talk and no action. You maintain that you are so clean and green and try to be leaders and all you do is nothing. You make a decision and then you change your minds. How can we do business with people like that? We can’t take your seriously’.”

There's more, pointing out that the economics of the world are shifting and we have to start catching up:

PricewaterhouseCoopers partner and sustainability specialist Julia Hoare says New Zealand business will have to account for its carbon – regardless of whether it is through an emissions trading scheme or a carbon tax.

“The sooner New Zealand businesses understand what a price on carbon means – whether it’s delivered through an ETS or through a carbon tax – the better... Whatever the politics and mechanics of it might be, we are moving into a carbon-constrained world, and business has to understand that.”

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