High-powered leadership group endorses emissions trading scheme
29 Apr 2008

A high-powered group of business and community leaders has endorsed the concept of an emissions-trading scheme in New Zealand as a way of managing and reducing greenhouse gas emissions, saying the impact on the economy will be minimal.
Last night the Climate Change Leadership Forum said that it had told the Government that it was “correct” to have an ETS in New Zealand, and that all emitting firms should “face the cost of carbon at the margin from the outset.”
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Story copyright © Carbon News 2008