NZ does quick ETS rules patch-up after Aussie collapse
4 Dec 2009
The collapse of Australia’s proposed emissions trading scheme leaves New Zealand without a set of rules for the allocation of free credits to trade-exposed heavy emitters.
Amendments to the New Zealand scheme, passed by Parliament last week, shift the scheme to an intensity basis, and align the rules for the allocation of free credits to those being developed for an Australian scheme.
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Story copyright © Carbon News 2009
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