Is there now a role for economic instruments in New Zealand’s domestic climate change policy?

Authors

  • Murray Ward

DOI:

https://doi.org/10.26686/pq.v2i1.4186

Keywords:

Kyoto Protocol, CP1, carbon tax, Agricultural sector

Abstract

In late December 2005, the reconstituted Labour-led government announced that a carbon charge would not be introduced in 2007. Indeed, it now appears that there will be no broad-based economic instrument to mitigate climate change before 2012. This story made the world’s climate change press. A carbon charge has been on New Zealand’s policy agenda since the mid-1990s, and until very recently had been supported by both centre-right and centre-left governments. It was the centrepiece of the climate change policy announced by the Labour led government in 2002 when it ratified the Kyoto Protocol. So why the abrupt change of policy?

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Published

2006-01-01