New Zealand's opposition, The Green Party has announced a suite of major election policies to transition New Zealand to carbon neutrality by 2050, including a charge on carbon that will be returned to all households as a Climate Tax Cut on the first $2000 of income.
Included in the climate protection plan are:
"The Green Party is the only political party offering a win-win plan to protect the climate and benefit households," said Green Party Co-leader Dr Russel Norman. "Climate change is the most challenging issue of our time. How we respond to it will define the kind of future our children inherit. The Green Party's plan will future-proof our economy and put New Zealand firmly back in the global green race, all while leaving households better off. Green leadership will ensure all New Zealanders benefit from action to protect the climate," added Dr Norman.
The Green Party plan includes a simple and transparent tax on pollution, the revenue from which will all go back to New Zealand households and businesses in the form of a Climate Tax Cut. "We can reduce our emissions without hurting household budgets. Households will be on average $319 better off every year under the Green Party policy," said Dr Norman.
"National's failed emissions trading scheme (ETS) has burdened households with unfair costs, driven up emissions and allowed businesses to profit from pollution. The ETS is a lose-lose-lose rort. We will not allow households to continue shouldering the cost of pollution, as they currently do under the failed ETS. Polluters should pay for the damage they do, not households. We are determined to preserve our economy as we transition to a low carbon future. That is why we have also built a significant tax cut for businesses into our plan. Successive Governments' weak climate policies have driven up New Zealand's emissions, locked in high carbon investment, and made New Zealand part of the global climate problem. The Green Party will ensure New Zealand is part of the solution," said Dr Norman.