Reforming the New Zealand Emissions Trading Scheme: Proposed settings
The Government is consulting on proposed settings for the New Zealand Emissions Trading Scheme (NZ ETS). The Government plans to restructure the current scheme by introducing a 'cap' on emissions covered by the scheme. The cap will reduce over time and help set Aotearoa New Zealand on a trajectory towards meeting our emissions reduction targets.
We are keen for feedback on specific NZ ETS settings, including unit supply and price controls, that will be set through regulations in mid-2020.
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