No carbon cap leaves NZ wide open, says coalition
14 Oct 2008

Catherine Beard ... our carbon market too small.
Lack of a cap on carbon will result in New Zealand being held hostage to high and volatile prices coming out of the European Union, Greenhouse Policy Coalition executive director Catherine Beard.
“I don’t think any other country will hook themselves into those prices except New Zealand,” she told Carbon News yesterday.
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Story copyright © Carbon News 2008