Government figures just released show 4.5 million NZUs were gifted to industry in 2014, valued at $30.6m at the current carbon price of $6.80. During the same period 97% units surrendered under the ETS were overseas Kyoto units at an average price of 10 cents. The total given to 'trade exposed' industry since 2010 stands at 14.1 million, valued at $95.9m. Read more at Radio NZ.
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