Missed opportunity to invest in NZ
17 Aug 2012
Since the Government’s July Emissions Trading Scheme announcements (a U-turn on a previously announced plan to introduce some sort of restriction on international units) the New Zealand carbon market has slowly, but surely, collapsed, says Carbon Match's Lizzie Chambers.
Rather than stemming the offshore flow of cash associated with the ETS (and noted with some pain in the original consultation document as being an unnecessary loss of capital to the country), a peculiar change of heart seems to have occurred somewhere in Cabinet.
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