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The place for NZ oriented news releases on climate change and related energy policy.
National Business Review (NBR) - Business, News, Arts, Media, Share Market & More
Business NZ urges caution on emissions trading
Business NZ has reitered support for a broad-based emissions trading market after 2012 in its submissions to the government's draft energy and climate change strategies.
But the organisation doesn't want to see any interim measures before then, including the proposed targeted tax on thermal generation.
This tax would lead to distortions in the market and higher prices without greenhouse gas reductions, Business NZ chief executive Phil O'Reilly says."
Business NZ has reitered support for a broad-based emissions trading market after 2012 in its submissions to the government's draft energy and climate change strategies.
But the organisation doesn't want to see any interim measures before then, including the proposed targeted tax on thermal generation.
This tax would lead to distortions in the market and higher prices without greenhouse gas reductions, Business NZ chief executive Phil O'Reilly says."
