Scoop: NZ now a joke in Europe, says carbon trader
New Zealand now a joke in Europe, says carbon trader
A leading New Zealand carbon trader says international markets can no longer take New Zealand seriously, carbon trading has come to a standstill and experts are warning business not to think carbon pricing has gone away.
Specialist news service Carbon News (www.carbonnews.co.nz) this morning reports broker Nigel Brunel, of OMF Financial, as saying New Zealand is “a bit of a joke in Europe at the moment” following the National-Act agreement to suspend the emissions trading scheme.
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