Energy users' Group: Consumers and business will pay $600m for ETS
7 Apr 2008
New Zealand consumers and businesses will pay nearly $600 million more in 2009 than their Australian counterparts because of the misalignment in timing of the New Zealand and Australian Emissions Trading Schemes, according to the Major Electricity Users’ Group (MEUG).
Ralph Matthes, Executive Director of MEUG said "these estimates are based on $30/t CO2-e, but with recent carbon prices in excess of $40, the calculation is probably on the low side."
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