Big Boost In Research Funding

While The Hive welcomes anything that is going to boost New Zealand research and development activity we are bemused at the reported focus of the big announcement today. We are therefore expecting the announcement of major changes to the Government's emissions trading regime today in concert with the announcement on extra funding. If there is no announcement, and given that the last pastoral farm will close in New Zealand before 2030 under the currently proposed ET regime, the money would be better directed at forestry.