- Prison Planet.com - http://www.prisonplanet.com -
Prices rise as New Zealand passes emissions trading scheme
Posted By admin On July 1, 2010 @ 4:06 am In Featured Stories,Sci Tech | Comments Disabled
London Telegraph 
July 1, 2010
Petrol and power prices have risen sharply in New Zealand after the government introduced a controversial emissions trading scheme.
The government has pressed ahead with plans to slash the nation’s carbon output, despite widespread opposition and New Zealand’s larger neighbour Australia shelving its own scheme.
Motorists were hit by a 3c (1.4p) rise in the price of a litre of petrol overnight, while householders face a 5 per cent increase in gas and electricity prices.
It was the first step in a complex scheme, universally referred to as “the ETS”, to slash carbon emissions back to 1990 levels.
Some disgruntled consumers marked the launch by wearing T-shirts with the meaning of the letters changed to read “Extra Tax Sucks”.
Article printed from Prison Planet.com: http://www.prisonplanet.com
URL to article: http://www.prisonplanet.com/prices-rise-as-new-zealand-passes-emissions-trading-scheme.html
URLs in this post:
 London Telegraph: http://www.telegraph.co.uk/news/worldnews/australiaandthepacific/newzealand/7865009/Prices-rise-as-New-Zealand-passes-emissions-trading-scheme.html
 Image: http://infowars-shop.stores.yahoo.net/post4rioffe.html
 CSIRO bid to gag emissions trading scheme policy attack: http://www.prisonplanet.com/csiro-bid-to-gag-emissions-trading-scheme-policy-attack.html
 Air fares set for dramatic rise under EU emissions scheme: http://www.prisonplanet.com/air-fares-set-for-dramatic-rise-under-eu-emissions-scheme.html
 Ripples of Climategate? Liberal MP’s desert Turnbull in Australia over emissions trading scheme: http://www.prisonplanet.com/ripples-of-climategate-liberal-mp%e2%80%99s-desert-turnbull-in-australia-over-emissions-trading-scheme.html
 Supermarkets cut petrol prices just as oil cartel votes to CUT production by 1.5m barrels per day to boost flagging value: http://www.prisonplanet.com/supermarkets-cut-petrol-prices-just-as-oil-cartel-votes-to-cut-production-by-15m-barrels-per-day-to-boost-flagging-value.html
 Capping Emissions, Trading On The Future: http://www.prisonplanet.com/capping-emissions-trading-on-the-future.html
Copyright © 2013 PrisonPlanet.com. All rights reserved.