Government took easy option on forest credits
23 May 2014
The Government feared that an “arbitrage loophole” allowing forest owners to move in and out of the Emissions Trading Scheme could cost it up to $231 million over the next two years.
But in addressing the problem, it opted for a policy it knew forest owners would consider unfair because other options were too much work, documents show.
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Story copyright © Carbon News 2014
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By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
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Green's anti-mining bill drawn from ballot
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The Green Party's Crown Minerals (Prohibition of Mining) Amendment Bill has been drawn from the ballot and will be debated in Parliament.
