The National Party will slow down New Zealand's move to a low-carbon economy and increase protection of New Zealand's oceans, leader John Key says.
Key announced his party's environment and climate change policy this morning in Nelson.
He said National would implement a law change next year to slow down implementation of the Emissions Trading Scheme, in order to continue reducing emissions without hurting households and businesses.
"Our climate change policies carefully balance the costs to households and businesses with the need to reduce greenhouse gas emissions.
"That is why we intend to slow the phasing in of the emissions trading scheme from 2013 to 2015, at which point we will look to align our scheme with that adopted by Australia. Any change to our emissions trading scheme will be fiscally neutral."