NRT: Climate change: More windfall profits

The Emissions Trading Scheme was never a particularly good way of curbing greenhouse emissions and the way that National gutted it made it distinctly worse. Now we are in a position where National has found a way to use it to providing even more polluter welfare.

O Canada!

Canada is to withdraw from the Kyoto Protocol, making it one of 2 nations in the world to be formally outside it. What will National do when the inevitably large fines roll in for us under their eviscerated ETS?