David Cunliffe talks about the apparent blowout in ETS costs

[waldentree]

a plague on both your houses

taxing carbon/fuels may be a way to reduce consumption not because of environmental harm, but because we are actually running out of the stuff !!

ie peak-oil. A politically acceptable scam to hide a socially destabilizing truth, perhaps...

[BGBurch]

I agree with you here ! + cap and trade is a rip off and Man Made Global Warming is as many scientist and others say a myth & false science. The Sun is the main driver of our climate. Reduction of pollution is a good. But taxing CO2' etc. is a bad idea. Please have a look at a youtube program: "Unstoppable Solar Cycles." The Green Party and many of the environmental groups are being duped by the likes of Al Gore and other powers. Plants love CO2's - run don't walk and expel more CO2's.

[waldentree]

Exactly. CO2 is essential for life on Earth.

Any secondary school student should be able to work this out.