New Zealand Resists High Carbon Price, Plans Australia Link

Bloomberg: New Zealand is resisting higher carbon prices as a threat to its economic recovery, even as the government steps up plans to merge its emissions market with the two-week-old program in Australia. New Zealand will review its climate program in 2015, a year earlier than previously scheduled, to coincide with Australia's planned transition from a fixed-cost system to market-based pricing, Tim Groser, Minister for Climate Change Issues, said in an interview in Wellington. The country decided against...

URL: http://www.bloomberg.com/news/2012-07-12/new-zealand-resists-higher-carbon-price-plans-link-to-australia.html