The ODT editorialises on climate change and concludes:
. . . No sudden shift in policy by the Government will stop the forces of nature. Mr Groser says New Zealand is taking a balanced approach to climate change and New Zealand is playing its part in avoiding imposing excessive costs on households and businesses.
In that sentence is the nub of the problem. The New Zealand economy is going against the trend seen in Australia, Japan and the euro zone with economic growth set to rise in the coming year. Imposing energy charges on households and businesses will slow growth and put jobs at risk.
Climate change is an important issue for communities facing previously unheard weather conditions but New Zealand being a lone voice on change is not the answer. A balanced approach is the best solution.
Sustainability is the balance of economic, environmental and social considerations.
Handicapping the economy and hurting the poor by imposing excessive costs which would have little if any impact on the climate would be the triumph of politics over science and common sense.