Business NZ: problem with trading scheme design
3 Apr 2008

Business New Zealand ... huge risks, no impact on climate
Business has a problem - not with an emissions trading scheme, but with the design of the one currently proposed for New Zealand.
Business NZ Chief Executive Phil O'Reilly told the Finance & Expenditure select committee yesterday morning that the Bill setting up the emissions trading system as currently designed, brings huge risk of damage to NZ economy with no great impact on climate change.
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