Carbon News - Intelligence for the carbon market

OFF TARGET: Carbon over-shoot could cost billions

Monday 30 May 16 11:00am

Officials warned the Government that New Zealand was at risk of over-shooting its 2030 emissions reduction target by 150 million tonnes due largely to subsidies to emitters and a stockpile of privately held carbon units.

And it could cost the country between $3.5 billion and $7 billion.

... login or subscribe for full story
Story copyright © Carbon News 2016

Subscriber Content - You need to log in

To access this Carbon News information right now, please accept our 7 DAY FREE TRIAL subscription offer. Simply click the Subscribe button and follow the steps.

Related Topics: Carbon prices | Emissions trading | ETS


Latest in ETS Review Submissions

Your IP address: