Submission: Review of the ETS and related matters, Feb 2009

Submission on review of the Emissions Trading Scheme and related matters (27 Feb 2009) - This submission believes that, with the right mix of policies significant penetration of biomass fuels, displacing hydrocarbons, can be achieved using partial Government finance to overcome the private sectors reluctance to invest at this time, thereby unlocking significantly more private finance to fund such infrastructure projects. This would deliver construction-related jobs as well as ongoing jobs in the wood fuel supply chain in local communities.

The Bioenergy Association of New Zealand (BANZ) supports the development of an Emission Trading Scheme (ETS) provided that there are other complementary mechanism, and provided that the ETS is structured to provide business with long-term surety of policy on which to base planning decisions