Tiwai halves free credits, but still pockets $5m
24 Aug 2015
Tiwai Point aluminium smelter owner New Zealand Aluminium Smelters last year received just half the number of free carbon credits it got the previous year.
Nevertheless, it was still a $5 million gift from taxpayers, based on today’s carbon prices of $6.80.
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Story copyright © Carbon News 2015
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