Latest / The Kākā by Bernard Hickey
What a real climate dividend looks like
TL;DR: National announced this week it would create a ‘climate dividend’ that simply re-purposes over $2 billion of Emissions Trading Scheme fund cash for tax cuts generally.
The Kākā’s Climate Correspondent Cathrine Dyer spoke to independent ETS expert Christina Hood about:
* how Aotearoa’s ETS doesn’t currently direct all its revenues to the existing Climate Emergency Response Fund (CERF) because it is the world’s only ETS that includes pine forest planters so they can receive cash from ETS revenues for planting trees;
* how Canada’s ‘climate dividend’ (see more in the graphic below) is a…
The skinny
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