Consultations on New Zealand Emissions Trading Scheme (NZ ETS)
We will not be submitting on these two consultations but have provided some practical considerations to the Ministry for the Environment.
We have written to the Ministry for the Environment about their current consultations on designing a market governance framework, and reforming industrial allocation in the New Zealand Emissions Trading Scheme (NZ ETS).
We will not be providing a detailed written submission to these two consultations. This reflects that we only recently provided our advice on the emissions reduction plan, that our role is at the level of advising on the direction of policy, and the need for us to focus now on other priorities in our work programme. We will watch how these policies develop with interest as part of our role in monitoring emissions budgets and the adequacy of the emissions reduction plan.
You can read our letter to MfE on two issues raised in the consultation that intersect directly with how the Commission undertakes its work below.