Idiot/Savant's avatar

Idiot/Savant

@norightturnnz.bsky.social

ETS auction does not clear. National gets no money for tax cuts and farm subsidies. This is what happens if you fuck around with climate policy www.etsauctions.govt.nz/public/aucti...

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's avatar @mmpodstolski.bsky.social
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"does not clear" is a bit of an understatement - there were no participants! No-one even bothered to show up.

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Idiot/Savant's avatar Idiot/Savant @norightturnnz.bsky.social
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If this continues, we'll cancel 20 million tons out of the ETS system at the end of the year. Which is a good thing, actually.

1 replies 1 reposts 6 likes