A looming financial issue is being highlighted as the country works towards its next emissions budget.

The Climate Commission is recommending greenhouse gas is limited by 134-million tonnes between 2036 and 2040.

But Victoria University Adjunct Professor Adrian Macey told Mike Hosking that there's still a massive issue if we are going to meet our Paris pledge. 

He says a government between now and 2030 is going to have to find about $20-25 billion to buy carbon credits.

Macey doesn't see any government being able to feasibly do this.

LISTEN ABOVE

A looming financial issue is being highlighted as the country works towards its next emissions budget.
The Climate Commission is recommending greenhouse gas is limited by 134-million tonnes between 2036 and 2040. 
But Victoria University Adjunct Professor Adrian Macey told Mike Hosking that there's still a massive issue if we are going to meet our Paris pledge.  
He says a government between now and 2030 is going to have to find about $20-25 billion to buy carbon credits. 
Macey doesn't see any government being able to feasibly do this. 
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.