The problem here is actually very simple and can be summed up in one word: politicians.
They decided we needed an intergovernmental panel. They paid the scientists on it. They then pork-barrelled their way to implementing ETS schemes. One in particular runs giant funds management companies that make billions on green investments.
The politicians here could not wait to implement an ETS. The other politicians at the time said theirs would be better – not that it’s a dumb idea, but theirs would be better. Then the others got in power and made a very bad situation a lot worse. Then Maori politicians sold their people down the river for a trip to Copenhagen and a few trees. I could go on but I’m sure you all get the picture.
The problem with most of the issues in life is politicians. They butt into everything. They change health, tax, employment, education, superannuation etc every election. All this puts enormous cost on businesses and families. I’ve seen it first hand in my consulting business.
Folks, the problem is not the ETS. If it wasn’t the ETS it would be the Foreshore and Seabed or bidding wars over who is toughest on crime or anything else. The problem is politicians.
ACT says we should have 99 of them. That would be a start. I figure about 50 is all we need. We don’t need them. They are the problem, always have been, always will be.
That is why Reagan said government was the problem not the solution. Governments and politicians are not constructive, they’re destructive.
The ETS is just an example of the problem, not the problem itself.