KEY POINTS:
Palmerston North City Council is selling carbon credits on Trade Me, thought to be a New Zealand first for a local authority.
The credits from Awapuni Landfill gas project, are being offered on auction site Trade Me on behalf of the council by Carbon Market Solutions Ltd, a New Zealand carbon trading company.
City council water and waste service manager Chris Pepper said the surplus credits "represent a high profile and valuable commodity."
The credits are being offered in two parcels of 20 tonnes and one of 200 tonnes.
Twenty tonnes represents the average emissions of a typical New Zealand household and 200 tonnes represents the average emissions for a typical small business with five to 10 employees.
Proceeds from the impending sale will go back into the Awapuni project, Mr Pepper said.
- NZPA
