The Morgan Foundation's calling on the Government to stop passing the buck when it comes to dodgy carbon credits. The Foundation has released a report naming some of New Zealand's biggest companies as having bought credits out of Russia and the Ukraine.
They were used to offset carbon emissions here at a much cheaper rate. Foundation General Manager Geoff Simmons said companies including BP, Z, Fonterra and NZ Steel bought millions of credits - which have no environmental value...............................................Full Article: Source |