Taxpayers face Kyoto bill worth billions
3 Jun 2011

New Zealand taxpayers face a future Kyoto liability of up to between $1 billion and $5 billion, the Sustainability Council is warning.
In an analysis for Carbon News, the council’s executive director, Simon Terry, says that while the country is in a good position at the moment, it will face a carbon deficit when carbon-storing forests are harvested from 2020 onwards.
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Story copyright © Carbon News 2011