Minister reveals emissions trading scheme to cut emissions by 11%
30 Apr 2008
Climate Change Minister David Parker this morning revealed the Government expects its emissions trading scheme to cut emissions by 11% by 2012.
Responding to a Sustainability Council claim that the ETS will lower emissions by 2%, Parker said New Zealand is allowed to emit 307mt of CO2e above 1990 levels in the first commitment period to 2012.
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Story copyright © Carbon News 2008
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