02 Oct '11, 1pm

#climate #green New Zealand adjusts its CO2 trading program to address market distortions

Printer Friendly Version Email to a Friend Close From: Reuters, WELLINGTON, NZ Published September 30, 2011 06:35 AM New Zealand adjusts its CO2 trading program to address market distortions RELATED ARTICLES Kyoto may push factories to pollute more: U.N. report July 2, 2010 12:45 PM Australia records biggest carbon trade-trader February 7, 2009 09:00 AM European Carbon Emissions November 22, 2010 01:59 PM EU-U.N. carbon trade to link by April '09 November 21, 2007 10:26 AM New Zealand is looking to exclude the use of U.N. offsets from industrial gas projects in its emissions trading scheme from as soon as 2012, as these offsets threaten to distort the market, the government said on Friday. ADVERTISEMENT Climate change minister Nick Smith said he wanted to maintain the integrity of the emissions trading scheme, which is why the government is considering banning offsets from...

Full article: http://www.enn.com/climate/article/43329

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