Consultation on proposed Emissions Trading Scheme settings
In February 2020, the Ministry for the Environment consulted on proposed settings for the New Zealand Emissions Trading Scheme.
The consultation looked at the Emissions Trading Scheme unit supply and price control settings.
At a high level, we have fed back that it’s encouraging to see the Emissions Trading Scheme being strengthened, but that improvements are needed to provide more transparency and better align the unit supply and price control settings with the legislative objectives and framework.
We hope our feedback on this will make the proposals more robust, highlight further work that’s needed, and enhance transparency and understanding of the NZ ETS.