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Paris promises could cost country $70 billion

Tuesday 18 Oct 16 10:00am

MEETING New Zealand’s Paris pledge could cost more than $70 billion and see carbon hit $300 a tonne if the country doesn’t have access to international carbon markets.

Kay Harrison
The figures were quoted by the Ministry for the Environment’s director of climate change, Kay Harrison, during a discussion last week on whether New Zealand should be using international credits to meet its post-2020 emissions reduction target.

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