EXCLUSIVE: Treasury responds on ETS windfall, but defers to select committeee
16 Apr 2008
The Treasury reckons it’s easy as anything to work out how much the Government will make in windfall revenues selling carbon credits, but it still shrinks from putting a figure on it.
Finally responding to repeated requests from Carbon News as to how much cash will roll into the Government’s coffers after 2013, the Treasury last night described it as “a relatively straight-forward calculation.” But then it declined to make it.
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Story copyright © Carbon News 2008
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