Donald Trump would 'cancel' Paris climate deal
Republican presidential nominee Donald Trump has said he would "cancel" the Paris climate deal in his first major speech on energy policy.
More than 195 countries pledged to reduce carbon emissions in a landmark agreement last year.
The billionaire businessman has said before there is no evidence that humans are responsible for climate change.
He called for more drilling, fewer regulations and the approval of the Keystone XL oil pipeline from Canada.
"Any regulation that's outdated, unnecessary, bad for workers or contrary to the national interest will be scrapped and scrapped completely," Mr Trump said.
"We're going to do all this while taking proper regard for rational environmental concerns."
Here is just one example of the damage being done to every man woman and child in New Zealand by adherence to the fabricated lie that the world can tax its way to controlling the weather. Higher power bills and increased petrol prices will result.
Climate change move could cost households extra $40 a year
Climate Change Minister Paula Bennett says removing a carbon credit subsidy for businesses could cost households between $30 and $40 a year.
The minister urged businesses to think twice about passing on the costs of their climate change obligations in the form of higher petrol and power bills.
Parliament voted unanimously today to scrap a "1 for 2" subsidy which halved the cost of carbon credits for companies to cover their greenhouse gas emissions.
Ms Bennett said scrapping the subsidy alone was not the answer to meeting New Zealand's climate change obligations.
Australian carbon credits market is neither free nor worth anything
THE paradox du jour: people who like free markets don’t want a carbon market, and the people who don’t trust capitalism want emissions trading. So why are socialists fighting for a carbon market? Because this “market” is a bureaucrat’s wet dream.
A carbon market is a forced market. There is little intrinsic incentive to buy a certificate for a reduction in carbon dioxide emissions. It says a lot about the voluntary value of a carbon credit that when given the option to pay $2 to offset their flight emissions, 88% of people choose not to. A few do it as a form of green penance to assuage guilt, and others do it for their eco public relations campaign or branding.
So, who profits from the carbon market? The brokers in a carbon market - like large financial institutions such as Deutsche Bank, UBS, Morgan Stanley, CBA, Citi, HSBC, Macquarie, – make money on every trade. The global carbon market turned over $176bn in 2011. These groups have been lobbying for a market, not a tax, and the reasons are obvious.