Posted 15 July 2012
"New Zealand's Emissions Trading Scheme (ETS) is a scam and a waste. The ETS taxes our elderly trying to heat their homes and then uses the revenue to subsidise multi-national Japanese companies. These companies bought forests in New Zealand. Their trees are now subsidised because they suck up CO2. And the reason for the money-go-round? To cool the planet. Even ETS architects say it won't make a difference. So it's a scam. And a waste." Former ACT Party leader Rodney Hide, writing in the Sunday Herald.