NZ’s ‘climate change target’ 30% below 2005 levels by 2020

Wahoo! It looks really low (though it should be nil), but how much will it cost?

The government has announced a new climate change target that aims to reduce New Zealand’s greenhouse gas emissions to 30% below 2005 levels by 2020 and a review this year of the existing Emissions Trade Scheme as part of its policy mix to meet the new targets.

Source: Government sets climate change target to reduce CO2 emissions to 30% below 2005 levels by 2020 | The National Business Review