Political realities mean emissions scheme phase in slower than desirable
1 May 2008
The political reality of having all sectors included in an emissions trading scheme means some major emitters will start paying for their greenhouse gas emissions later than is desirable in a perfect world.
The New Zealand Business Council for Sustainable Development says a new report from the Sustainability Council, arguing major emitters will enjoy an estimated $4 billion carbon price subsidy up until 2012 and should be brought into the trading scheme earlier, provides “welcome transparency” on the assistance some are receiving.
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