10.11.2011 - NZ govt to slow carbon trade expansion if re-elected
The expansion of New Zealand's carbon trading scheme, the only national market outside Europe, will be slowed to minimise costs to the economy if the ruling National-led government is returned to power in elections at the end of the month. The centre-right party said it will adopt recommendations of a review released mid-September, which will see the energy, transport and industrial sectors get until 2015, two years later than planned, before they pay the full cost of emissions of NZ$25 ($20.25) a tonne of carbon...............................................Full Article: Source
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