Jun 24, 2008

NZ Emissions trading Scheme Ten Times more Costly Than EU Scheme

The Government is often citing the EU as a role model for emissions trading. The reality is that the EU and NZ schemes are very different - in design and in impact. One analysis that is circulating around business circles suggests that the per capita impact of the EU scheme is Euro 9.90. What is the per capita impact of the NZ scheme going to be? Euro 98.82

Another inconvenient truth?