Carbon credit price crash could force sales - National - NZ Herald News

"If the carbon price remains low for another 24 months without any sort of hope in the near future, then it would be over for quite a few of those parties," he told Radio New Zealand.

Some people had bought farms with mortgages on the basis that the price of carbon was between $15 and $20, he said.

Mr Belton said landowners were encouraged into the permanent forest sink initiative only to see it gutted by the Government along with the Emissions Trading Scheme.

TIMELINE: Fox News' Role In The "Climate Of Doubt" | Media Matters for America

Here, Media Matters looks back at how Fox News has contributed to that "Climate of Doubt," often teaming up with industry to misrepresent science and attack all efforts to address this threat.

The New Nostradamus of the North: Colorado is fast turning into a showpiece for a failed renewable energy policy

Of course the wind and solar energy barons claim that tax credits and loan guarantees are necessary for their industries to survive until they are able to compete with other power sources. But that is of course pure green nonsense. In the foreseeable future wind and solar power will not be competitive sources of energy. Besides, there is no need for them, as there is more than enough of clean shale gas (and oil) for at least one hundred years in the U.S. - and in other parts of the world.

How NIWA added lots of warming in New Zealand – and got away with it – so far « Tallbloke's Talkshop