A new Treasury paper reveals how the Government's main weapon for tackling the climate crisis could affect families financially. 

It demonstrates how leaning heavily on the Emissions Trading Scheme could increase costs for households disproportionately. 

Carbon prices are expected to move upwards, bringing other household costs up with it and hitting lower income families the hardest. 

Victoria University climate expert Adrian Macey told Mike Hosking that the modelling is a useful thought experiment about the effects of the ETS. 

He says it sends a message to the Government it can't just set and forget the ETS, it has to consider compensation for the people most affected. 

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A new Treasury paper reveals how the Government's main weapon for tackling the climate crisis could affect families financially.  
It demonstrates how leaning heavily on the <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/pattrick-smellie-businessdesk-managing-editor-on-the-climate-change-commissions-recommendations-for-future-carbon-auctions/">Emissions Trading Scheme</a> could increase costs for households disproportionately.  
Carbon prices are expected to move upwards, bringing other household costs up with it and hitting lower income families the hardest.  
Victoria University climate expert Adrian Macey told Mike Hosking that the modelling is a useful thought experiment about the effects of the ETS.  
He says it sends a message to the Government it can't just set and forget the ETS, it has to consider compensation for the people most affected.  
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...