Asia Pacific > New Zealand to auction CO2 allowances from 2020, seek limited links to international markets

New Zealand to auction CO2 allowances from 2020, seek limited links to international markets

Published 22:52 on July 25, 2017  /  Last updated at 03:18 on July 26, 2017  / Stian Reklev /  Asia Pacific, China, International, Kyoto Mechanisms, New Zealand, Paris Article 6, South Korea

New Zealand will introduce carbon allowance auctions and begin phasing out free allocation after 2020, while seeking limited linkages to other emission markets, in a bid to ramp up the efficiency of its ETS, the government announced Wednesday as part of its long-running review of the programme.
New Zealand will introduce carbon allowance auctions and begin phasing out free allocation after 2020, while seeking limited linkages to other emission markets, in a bid to ramp up the efficiency of its ETS, the government announced Wednesday as part of its long-running review of the programme.


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