Did NZ Steel make windfall arbitrage profits from the ETS? - Hot Topic
Simon Johnson • Apr 28, 2016 •
In the wake of the Morgan Foundations hard-hitting report “Climate Cheats”, Simon Johnson (aka Mr February) asks if New Zealand Steel received millions of emission units for free under the New Zealand Emissions Trading Scheme industrial allocation provisions and yet still bought millions of the dubious international Russian units (ERUs) to make windfall arbitrage profits. The Morgan Foundation’s latest report … Read More