NZ Steel secures 500000 free carbon credits worth NZD 10 million

Posted on July 8, 2012 by kwc

Source: SteelGuru

New Zealand Steel was given nearly 500,000 free carbon credits in 2010, worth nearly NZD 10 million, to cushion it from the impact of a price on carbon,

According to the country’s specialist carbon market intelligence service Carbon News, and, with a bit of trading, it could potentially earn itself NZD 250,000 off this year’s allocation.

Read More: NZ Steel secures 500000 free carbon credits worth NZD 10 million

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