New Zealand likely to skirt limitations on international credits, experts say

Published 09:23 on October 22, 2019  /  Last updated at 00:41 on October 24, 2019  /  Asia Pacific, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand  /  No Comments

New Zealand is likely to avoid the restrictions on use of foreign offsets to meet its domestic carbon budgets in its latest revised Zero Carbon Bill by setting targets that are less ambitious than its international commitments, policy experts said Tuesday, though ETS linking might prove difficult.

New Zealand is likely to avoid the restrictions on use of foreign offsets to meet its domestic carbon budgets in its latest revised Zero Carbon Bill by setting targets that are less ambitious than its international commitments, policy experts said Tuesday, though ETS linking might prove difficult.

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