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New Zealand Treasury Working Paper No. 97/01
New Zealand Government, The Treasury, Wellington
This paper contributes to the debate on how New Zealand should meet commitments under the Framework Convention on Climate Change (FCCC) to mitigate greenhouse gas emissions. It is a technical paper, setting out how a carbon charge could be implemented, if the Government were to decide to do so. The release of the paper should not be read as a commitment by the Government to the introduction of a carbon charge as it has decided to defer until early 1998 a decision on whether a low-level carbon charge or some other method of reducing greenhouse gas emissions should be introduced. There are a number of options available to New Zealand to meet our climate change commitments. A carbon charge is only one of them. The Government remains committed to voluntary agreements by industry to reduce emissions in the meantime.
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