If Nick Smith is successful in passing his ETS legislation it will cost New Zealand families Six Billion Dollars for no environmental gain. We could reduce emissions 200% below 1990 levels and it wouldn't affect the climate at all. All it can do is make us Six Billion Dollars poorer.
I will be posting this every week for the next month or three just to keep reminding everyone.
If you get bored with it go read Red Alert or The Standard.
ECONOMICS FOR REAL PEOPLE: Currency Internationalisation
16 minutes ago