Maori want to tax whitey for ETS

When will it ever end?

Maori wanting to tax whitey for every?perceived?grievance they can dream up:

?The peak Maori body advising the government on climate change issues says the weak provisions intended for the Emissions Trading Scheme are robbing Maori of hundreds of millions of dollars by depressing the value of New Zealand carbon credits attached to Maori forestry holdings.

The comments coincide with the value of a New Zealand Unit (NZU) dropping back below $3, a historic low point, for the second time in a month, as a glut of European carbon credits combines with New Zealand’s policy to allow local greenhouse gas emissions to be offset by unlimited foreign-sourced carbon credits.

Of course the solution will be to thrown millions at them in “compensation”. ?And they will end up selling them to rich Americans or Chinese anyway.

When the Treaty of Waitangi was signed not even a taniwha could have predicted a trade to develop in thin air.

 

 

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