Govt move makes one thing clear
10 Dec 2013
Last Friday’s highly anticipated Government announcement has provided the local market with much-needed certainty around the use of international units within the New Zealand Emissions Trading Scheme, and will allow participants to make informed investment decisions, Westpac says.
The National Government has consistently indicated that it does not want the ETS to impose unreasonable fiscal costs on businesses and households, and last week’s announcement is in line with this policy.
... login or subscribe for full story