Q+A: Nick Smith interview | Q AND A News
JOHN BOSCAWEN - ACT MP
Regardless of whether you believe in the science of global warming or not, New Zealand will be leading the world from 1 July if we introduce the ETS in its current form. Our top four major trading partners don't have an Emissions Trading Scheme, who's gonna buy our exports, it's certainly not gonna be Australia, China, United States or Japan. I've travelled up and down the country from Northland down to Gore in Invercargill and I get a consistent message from National supporters, farmers and New Zealanders generally that they don't want this, they don't understand this, they don't understand where the money's going. I believe the government is under estimating the cost for householders, they're saying that the average household's going to pay an extra $3 a week. For farmers that'll be $80 a week, and it also understates the flow on effect.
What we're doing is we're increasing the price of electricity.
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