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NZ eyes buying 80% international credits to meet target

Thursday 17 Nov 16 9:00am

NEW ZEALAND might buy international carbon credits to meet 80 per cent of its Paris Agreement emissions reduction commitment, a Government paper shows.

The Government considers access to international carbon markets to be critical to New Zealand’s ability to meet its post-2020 emissions target, and last night co-hosted a markets side-event at the COP22 international climate talks in Marrakech.

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