Carbon News - Intelligence for the carbon market

English goes silent on carbon deficit costs

Monday 15 Dec 14 12:00pm

By editor ADELIA HALLETT.- The Government is refusing to discuss what impact a 2030 carbon deficit will have on the economy despite warnings from Treasury.

Finance Minister Bill English has confirmed to Carbon News that Treasury is predicting carbon prices of between $10 and $165 a tonne between 2021 and 2030, but he has not answered questions on what that will cost New Zealand.

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