Where the parties stand on the ETS

The NZ Herald has a useful summary of where the parties stand on Labour’s Emissions Trading Scheme.

* Act: “The Government’s ETS is a crock and should be dumped.”
* Green Party: Close to pulling support because of Government backdowns on fuel and industry emissions, but waiting to see final shape of the scheme.
* Maori Party: Could withdraw support because of Government backdowns.
* NZ First: Will discuss future support at caucus next Tuesday, but has concerns about people on fixed incomes.
* United Future: Reserving position until sees final shape. Supports fuel delay but wants more information on costs for householders and “compensation” for extra costs.
* National: Supports concept of an emissions trading scheme. Pleased with delay of fuel sector. Says final scheme must be “durable” and balance economic and environmental issues or it will not support it.

Will it pass 119-2? Starting to look difficult. Unless Labour do something really stupid, National should stay on board and it will pass. But the risk is one will have either the Greens and Maori Party opposing it as ineffective, or NZ First and United Future attacking it as too costly for consumers.