PRC pike river coal limited
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Taxpayers to subsidise coal under climate planThursday, 20...

  1. taylors24
    822 Posts.
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    21/09/07
    07:30
    Post #: 2824202
    Taxpayers to subsidise coal under climate plan
    Thursday, 20 September 2007, 3:31 pm

    The greenhouse gas emissions from coal production have been entirely left out of the cap and trade carbon scheme released by the Government today.

    "Fugitive emissions are part of New Zealand's Kyoto liability – so if the companies don't have to pay for them then the taxpayer will," said Ms Winter-Billington.

    BAD for the greenies, good for PRC. Good to see some movement occuring on NZX and ASX
    PRC Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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