Ending free ETS allocation could boost New Zealand revenue NZ$2.1b/year

Published 11:51 on September 21, 2018  /  Last updated at 11:53 on September 21, 2018  /  Asia Pacific, New Zealand  /  No Comments

The New Zealand government could see a NZ$2.1 billion ($1.4 bln) bump in revenue if it brought agriculture into its emissions trading scheme and phased out all free allocation of carbon permits, according to the government-appointed Tax Working Group.

The New Zealand government could see a NZ$2.1 billion ($1.4 bln) bump in revenue if it brought agriculture into its emissions trading scheme and phased out all free allocation of carbon permits, according to the government-appointed Tax Working Group.

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