Press Release – ACT New Zealand Its no wonder the very areas the Government has piled taxes on are driving the largest increase to inflation in 10 years, says ACTs Associate Finance spokesperson Damien Smith. “Housing costs are up, so are housing taxes. Petrol …
“It’s no wonder the very areas the Government has piled taxes on are driving the largest increase to inflation in 10 years,” says ACT’s Associate Finance spokesperson Damien Smith.
“Housing costs are up, so are housing taxes. Petrol costs are up, so are petrol taxes. Rents are up, so are rental regulations.
“Inflation this high was the inevitable result of printing money as a cushion through COVID. Kiwis are now literally paying the price.
LCANZ argues that the commission’s recent advice was based on an error in maths and physics that led them to significantly underestimate the scale of emissions reductions required by 2030. If the action succeeds, it would likely radically change the commission’s advice to the Government and consequently Government’s policy decisions on decarbonisation. The commission argues it isn’t an error and that its advice is Goldilocks-level just right. The commission is recognised as a leading independent body. But LCANZ also has the support of credible scientists behind its claim – this is not just a bunch of misguided lawyers. The physics is best represented by the work of the Intergovernmental Panel on Climate Change’s (IPCC).
Speaking to an audience of about 70 people, most of whom identified as farmers, at the Mackenzie Community Centre on Friday – Seymour said New Zealand is facing an avalanche of regulations. He spoke about the wave of challenges people - especially in the rural sector - were likely to face in the coming years. “What you will see is an avalanche of regulation at a time when our primary production sector is doing everything to keep New Zealand on its feet,” Seymour said.
Valentina Bellomo/Stuff
Act Party leader David Seymour faced a range of questions at the Mackenzie Community Centre on Friday.
Mitigating options in the report fall under technology, industry, agriculture and land use. Agriculture currently emits 69 per cent of Southland’s total overall emissions, and has the largest changes to make in order to hit targets, according to the report. It’s recommended that a 10 per cent stock reduction in dairy cattle, beef cattle and sheep be applied linearly from 2035 to 2050. Selective breeding is recommended to be adopted for 30 per cent of cattle and 80 per cent of sheep by 2050 for animals that exhibit low residual methane production. About 4.1 per cent of farmland currently used for livestock will need to be converted to crops and horticulture between 2020 and 2050 to meet targets.
Wednesday, 7 July 2021, 11:27 am
New Zealand’s Climate Change Commission is facing its
first legal hurdle, as a group of 300
climate-concerned lawyers seek judicial
review of the processes it used to calculate carbon
budgets in its recently released advice
to government.
Carbon budgets are a cornerstone of
New Zealand’s climate change response under the Zero
Carbon Act and lie at the heart of the commission’s
advice package. They specify the allowed emissions over
successive five-year periods, initially up to 2035. The
advice calls for net emissions of all greenhouse gases to
fall 27% between 2019 and 2030.
The Lawyers 4
Climate Action group claims the commission has