Carbon News - Intelligence for the carbon market

Taxpayers could be left holding carbon bill

Thursday 26 Jul 18 9:00am

 

OWNERS of post-1989 forests due for harvest might be tempted to arbitrage carbon credits, leaving taxpayers with the bill and driving liquidity out of the carbon market.

Spot NZUs are currently sitting just below the Government’s $25 price cap, and are well short of the $200 the Productivity Commission says is needed to drive decarbonisation of the economy.

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