Friday, 9 November 2012

NEW ZEALAND GIVES ITSELF A COMPETITIVE EDGE IN CARBON PRICE WAR

This article explains how the New Zealand government has backed off from having a high price for carbon emissions, thus giving its industry a head start over others like the UK and Australia. I notice one interesting line in the linked article which says that Australians had given their government a mandate to have a carbon trading scheme. That is the opposite of my recollection. Once one or two countries start to break ranks with the carbon taxing nations it won't be long before others join them. 

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