NZ announces review of carbon trading scheme | Energy & Oil | Reuters

SINGAPORE Dec 23 (Reuters) - The world's only national carbon trading scheme outside the European Union will be reviewed in 2011, New Zealand's government said on Thursday, with a key focus on what other nations are doing to fight climate change.
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"It's important the review panel asks the right questions about how we are managing our emissions and how it compares to what our trading partners are up to," Don Nicolson, Federated Farmers President, said in a statement. "In a world stuck in economic crisis these types of schemes have definitely gone on the backburner," he added.