With offsets off the agenda, NZ emitters start digging into permit surplus

Published 08:33 on September 16, 2016  /  Last updated at 16:40 on September 19, 2016  /  Asia Pacific, New Zealand  /  No Comments

New Zealand emitters handed over 20.4 million domestic allowances to cover their 2015 carbon emissions, according to government data, finally beginning to eat into the large NZU surplus as the door to the UN offset market has been locked.

New Zealand emitters handed over 20.4 million domestic allowances to cover their 2015 carbon emissions, according to government data, finally beginning to eat into the large NZU surplus as the door to the UN offset market has been locked.

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