The Stockholme Environment Institute study claims 73% of ERUs from mainly Russia and Ukraine are questionable and may not be linked to any real emission cuts. Many of these units are likely to have ended up in New Zealand. Since 2012 at least 70% of units surrendered in the NZ ETS have been ERUs.
Read more about the Stockholme report at Carbon Pulse.
Read more about the Stockholme report at Carbon Pulse.
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