Wall Street Suggestions

“The findings of the ‘Emissions Trading Review Committee’ … is green PR gone wild,” writes the Wall Street Journal. “New Zealand already boasted one of the world’s most pristine environments before it passed cap-and-trade last year. The law, if anything, has made the country less green, not more so.” The article goes on to suggest that: “The best advertisement for New Zealand isn’t to support ideas that make the country poorer. Instead, Key’s government would do better by focusing on encouraging strong economic growth to support a vibrant, entrepreneurial society. That way, tourists may want to come to New Zealand and stay.”