ETS will trim Kyoto bill $909 million, pushes Key further out on policy tightrope
16 May 2008

John Key ... ETS presents him with major challenge to show real leadership
The emissions trading scheme will avoid a 15 to 50 million tonne rise in emissions between 2008 and 2012, Climate Change Issues Minister David Parker has told Parliament, in what appears to a ground preparing statement ahead of National leader John Key’s ETS policy announcement this Sunday.
Parker told Parliament the ETS will avoid a cost of $326 to $909 million to taxpayers at “today’s prices”.
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Story copyright © Carbon News 2008