NZ's self-imposed carbon emissions reductions targets could cost $30b over the next eight years because of our heavy reliance on international markets.
Over the next nine years, NZ faces spending $30 billion on international carbon credits, not a cent of which will reduce a kilogram of carbon at home.
Golf NZ has sent a letter threatening legal action to the council, saying its Golf Investment Plan had followed a poor process and that there were multiple “legal errors”.
The move leaves a smaller pool of government funding for commercial operators.
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