A former head of the International Energy Agency’s climate change unit has described the Cabinet’s rejection of the Climate Change Commission’s recommended changes to ETS settings as a “hospital pass” for the incoming government.
Writing on LinkedIn, Christina Hood said sticking to the current trigger price – of just over $80 - undermined the point of having a cost containment reserve.
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- Source: https://www.carbonnews.co.nz/story.asp?storyID=26761
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