Labour’s Proposed Climate Policy MOU
Carbon News has revealed Labour’s proposed memorandum of understanding with National on climate change policy and the emissions trading scheme. [Hat-tip: Hot Topic]
The government has announced that it has made a deal with the Maori Party on the ETS.
Labour’s proposal includes changes to the scheme’s commencement date and transitional subsidies for different sectors, as well as a temporary price cap on carbon credits.
Memorandum of Understanding on Climate Change Policy and the Emissions Trading Scheme [PDF]
ENDS