Key impacts of the Government's proposed emissions trading scheme: BY 2012 The equivalent of 20,000 jobs lost or not created. $600 reduction in average household spending. $900 million cut in gdp. BY 2025 Spending down $3000 a household. Hourly wage rates down 6.7 per cent or by $2.30 in today's prices. GDP will fall by almost $6 billion. Dairy farming declines 13 per cent. Dairy land may drop by up to 40 per cent in value. Sheep and beef farming down 6.6 per cent. Sheep and beef land down 23 per cent in value. Rural economies in Southland and Northland hard hit by loss of dairy, sheep and beef farmers. Basic metals manufacturing sees 3.4 per cent fall in jobs, but aluminium smelter expected to continue, as well as Marsden Pt oil refinery.Raportti kokonaisuudessaan täältä.
[Lisäys 8.5.: Broken window fallacy & global warming, Enforcement branch strikes]
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