Carbon News - Intelligence for the carbon market

TEN YEARS AGO ...

Friday 29 Mar 19 10:00am

Tim Groser

 

Ten years ago, the government was looking at excluding methane emissions from the Emissions Trading Scheme.

The ETS passed in the dying days of the Fifth Labour Government, with the support of the Greens, New Zealand First and the Progressives, was designed as the world’s first all-gases, all-sectors cap-and-trade scheme.


But one of the first actions of the National Government elected in late 2008 was to order a review of the scheme.


NOT METHANE


In March 2009, trade and associate climate minister Tim Groser said the Government would not include methane in the scheme until technology was available to reduce biological emissions from agriculture without affecting productivity.


“We are not going to screw the whole economy just to be the first," he told a business breakfast in Wellington.


Amendments passed in late 2009 excluded agriculture from the scheme indefinitely. | Read the story here
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Related Topics: Agriculture | Emissions trading | ETS

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