One of ACT’s centrepiece policies of this election pledges to repeal the Emissions Trading Scheme (ETS). As I understand it, the ETS will require businesses to purchase “credits” for carbon they wish to emit from other companies which have a surplus (e.g. foresters). There is an official diagram which explains this further. The ETS enjoys support from both Labour and National. But ACT opposes it. My concern here is not so much the workings of the ETS, but the way ACT has promoted its opposition to it. There is no question that the party sees it as a key policy...
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