Costs of emissions cuts most likely overstated - report
31 Jul 2009
A carbon price of $100 to $200 per tonne is being assumed to generate estimates that New Zealand households will face a $3000-a-year bill for cutting emissions by 15 per cent, says the Business Council for Sustainable Development.
This carbon price is nearly two to four times higher than the price being used in Congressional Budget Office (CBO) modeling in the United States, it says.
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