MRP faced scaling up risk on several carbon credit contracts, court hears

MRP faced scaling up risk on several carbon credit contracts, court hears
By Fiona Rotherham Nov. 27 (BusinessDesk) - A contractual dispute over carbon credits that MightyRiverPower is contesting in court is not the first time it’s faced a scaling up of the carbon credits it was required to take as part of its plan to offset carbon emissions from electricity generation. New Zealand Carbon Farming, the country’s largest supplier of post-1989 bulk carbon credits, began a case in the High Court at Auckland on Monday, suing MRP for $34.7 million over liability for carbon credits the listed energy company was contra...