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NZ Initiative: leave it to the ETS
Tuesday 6 Apr 21 12:00pm
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AN NZU price of $50 is all that’s needed to deliver net-zero emissions by 2050, according to the NZ Initiative.
In its submission in response to the Climate Change Commission’s draft report, the Initiative - a think tank with a membership that includes most of the country’s largest businesses - said the commission’s recommendations would end up costing five times more than relying on the ETS alone.
Story copyright © Carbon News 2021
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