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Climate plan risks high future costs

Thursday 29 Aug 24 10:30am

Pine forestry in Queenstown. PHOTO: Michael Heng via Unsplash

The government’s ‘least cost approach’ to emissions reductions risks passing on significant costs to future generations, according to the Parliamentary Commissioner for the Environment.

And the current design of the Emissions Trading Scheme could lead to "boom and bust cycles" for the carbon market in the 2030s.

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