In time, Australia and NZ ETS plans can work together, say governments
18 Jul 2008
Australia and New Zealand have developed different emissions trading schemes because their economies are different, but will bring the schemes together over time. That’s the message from Wellington and Canberra this week as the governments of both countries push ahead with plans for emissions trading regimes as key planks of their climate change strategies.
New Zealand Finance Minister Michael Cullen met with his Australian counterpart, Treasurer Wayne Swan, in Wellington yesterday, just two days after the Australian Government released details of its proposed emissions trading scheme. The New Zealand Government’s ETS is due for its second reading as soon as next week.
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Story copyright © Carbon News 2008
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