The Government continues to fiddle while the planet burns. They've announced [url meek] that they continue to favour a market solution to the problem - the carbon emissions trading system in which companies are allocated limits to their emissions and if they exceed these they must buy credits from companies that do not.
Helen Clark has also significantly lowered the Government's ambitions for reducing greenhouse gas emissions. Previously she had said Labour's policy was to make NZ 'carbon neutral', but now says that this is only in terms of carbon dioxide and not agricultural emissions. Unfortunately for NZ, agricultural methane emission make up about 50% of our carbon emissions. For more on this, see John Armstrong's Reality check for PM's bold plan [url]. What was an incredibly bold ambition turns out to be rather unimpressive and arguably dishonest.
