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Voluntary carbon projects lose credits under Kyoto
Enthusiasm for carbon credits reached such a fever pitch when Meridian Energy listed wind farm credits on Trade Me earlier this year that one 1000-unit parcel sold for the dizzying sum of $19,262.
But companies wanting to emulate the utility's success will be hard-pressed to claim voluntary carbon credits from next year (let alone match those prices).
New Zealand Carbon Exchange (NZCX) director Karen Price said she had had many enquiries from forestry and technology investors about how they could claim carbon credits.
"There's a lot of people out there that assume that if they go and do a wind farm they will get credits for it," she said.
But that's not the case
November 27, 2007
by Fiona Robertson
in National Business Review
Enthusiasm for carbon credits reached such a fever pitch when Meridian Energy listed wind farm credits on Trade Me earlier this year that one 1000-unit parcel sold for the dizzying sum of $19,262.
But companies wanting to emulate the utility's success will be hard-pressed to claim voluntary carbon credits from next year (let alone match those prices).
New Zealand Carbon Exchange (NZCX) director Karen Price said she had had many enquiries from forestry and technology investors about how they could claim carbon credits.
"There's a lot of people out there that assume that if they go and do a wind farm they... [continue via Web link]
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