NZ shipping industry protests ETS rules after price spike turns screw

Published 09:35 on February 13, 2017  /  Last updated at 11:16 on February 13, 2017  / Stian Reklev /  Asia Pacific, New Zealand, Shipping

The massive increase in New Zealand carbon prices over the past 16 months has raised costs for the domestic shipping industry, sparking objections to ETS rules that allow international ships to carry goods in NZ waters free of emission costs.
The massive increase in New Zealand carbon prices over the past 16 months has raised costs for the domestic shipping industry, sparking objections to ETS rules that allow international ships to carry goods in NZ waters free of emission costs.


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