NZ Indefinitely Puts ETS Development On Hold

The NZ Herald reports the good news that in a show of strong political leadership, NZ Prime Minister John Key has stood up to green special interest groups and acted in the good of the country:
The Government has indefinitely postponed key stages of the emissions trading scheme, saying the economic environment means consumers and businesses simply can't afford it...

"We're not prepared to sacrifice jobs in a weak international environment when other countries are moving very slowly," he said...

No country in the world put a cost on biological agricultural emissions and New Zealand wouldn't be the first unless there were signs of progress elsewhere, he said.

As the rest of the world is running from carbon taxes, green subsidies, and emissions trading schemes as fast as possible, how long will it take for the Australian government to wake up and not be left behind?


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