Taupo diffuses water time-bomb
23 Sep 2011
New Zealand’s Lake Taupo Water Quality Trading Scheme is being cited by the OECD as an example of how markets can be used to improve the environment.
In a yet-to-be-released report, the OECD warns that New Zealand is sitting on a water quality “time-bomb”, caused mainly by agricultural nutrients, which will go off in 30 or 40 years’ time.
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Story copyright © Carbon News 2011
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