25 August 2008

Environment Commissioner's advice on the ETS is proceed without delay

"The Emissions Trading Scheme (ETS) Bill should proceed," says Dr Jan Wright, Parliamentary Commissioner for the Environment.

"The most important thing is to get the ETS framework in place. We have a steep learning curve in front of us and we need to get started. Delay would mean more uncertainty and lead to higher costs in the long run."

Dr Wright commented today on the news that Parliament is close to voting on the ETS Bill.

The Commissioner worked with the Finance and Expenditure Select Committee as an adviser on the Bill, recommending several amendments to improve its environmental outcomes.

She today reiterated her advice that an emissions trading scheme is an essential element to the adjustment to a carbon-constrained future, that New Zealand must make.

"Another false start risks damaging the clean green branding of our economy. I look forward to the news that the Bill will proceed as soon as possible," notes Dr Wright.

ENDS