The carbon oppurtunity
If you normally turn the page at the first mention of the Emissions Trading Scheme in sheer confusion and frustration, this guide is for you: it explains how the system works, and how the most forward-thinking New Zealand businesses are already making the
Humanity has realised, albeit belatedly, that the emission of greenhouse gases from things like industrial processes, farming and transport is becoming increasingly costly in terms of the floods, failed crops, mass migration and the economic and social upheaval that climate change causes. One recent report by human resources and financial advice specialists Mercer estimates the economic costs of climate change as likely to fall between two and four trillion US dollars by 2030.
On the other hand some commercial activities, like growing additional slow-growth, long-standing forest and replacing highly emitting technologies with more efficient alternatives produce real, measurable, permanent reductions in emissions. These reduce the costs associated with climate change and are also bringing about a new wave of human innovation and commerce. This is the ultimate aim of New Zealand’s Emissions Trading Scheme (ETS).