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ETS will bring barrage of price rises: watchdog
Households will be hit hard and fast with a "barrage" of price rises because of the Emissions Trading Scheme that begins today, Consumer NZ has warned
This morning, many businesses, mainly fuel and energy companies, began charging their customers for the emission units the firms have to buy to offset greenhouse gases released as their goods and services are used
Consumers are facing a barrage of price increases over the next six months," she said
Taxpayers would also pay hundreds of millions of dollars in subsidies to businesses
Meanwhile, Climate Change Minister Nick Smith told a meeting of about 120 people in Wellington last night that it was time for New Zealanders to be courageous in playing their part in acting against global warming
MPs line up for a big pay increase
MPs are in line for a 10 per cent pay rise as compensation for losing international travel perks
The travel perk costs taxpayers about $600,000 a year. A 10 per cent salary increase for MPs would cost an extra $1.7 million
The Unite union, which represents 9000 workers, last night attacked the pay rise recommendation, saying it was unfair as many workers - particularly lower-paid people - were struggling as a result of rises in petrol prices, GST and electricity bills and the Emissions Trading Scheme coming to effect
Originally posted by pascalt
Update: it sucks even more now in NZ: they are selling the power companies (and telecom?) to foreigners, they will allow deep sea oil drilling, and they will allow fracking (dumping chemical in the ground to extract oil). This world is mad... what can we do?