O'Reilly: Opportunities from ETS delay
7 May 2008
Business NZ chief executive Phil O'Reilly says business has been concerned at the speed at which the government has been moving towards an "all sectors all gases" emissions trading scheme, and with several recent reports highlighting the economic risks, the government is to be congratulated for paying heed.
"The fact that our government will now delay entry into the ETS for transport fuels till 2011 gives us an opportunity to pause the headlong rush into legislation by the middle of this year.
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