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Dodgy units aside, we could make money from ETS credits

Wednesday 20 Apr 16 10:00am

Accusations that almost all the international units brought into the Emissions Trading Scheme are fraudulent are an exaggeration, says an expert who believes that the scheme could generate a nice international export in carbon credits.

Dr Ivan Diaz-Rainey ... export opportunity
Earlier this week, the Morgan Foundation released a report which said that most of the ERUs brought into the scheme, and which the Government plans to use to meet New Zealand’s international emissions reduction targets, were so-called hot-air credits generated fraudulently in Russia and the Ukraine.

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