New Zealand’s Paris Agreement emissions target is impossible to meet domestically yet the government risks spending up to NZ$20 billion ($14.4 bln) on international carbon credits that have no long-term value for the nation, its former chief climate negotiator has warned.
New Zealand warned against $14.4 bln over-reliance on carbon credits for ‘impossible’ Paris target
New Zealand’s Paris Agreement emissions target is impossible to meet domestically yet the government risks spending up to NZ$20 billion ($14.4 bln) on international carbon credits that have no long-term value for the nation, its former chief climate negotiator has warned.
A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.
We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.
We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.
PDF
