New Zealand proposes rules to limit overallocation to industrials in ETS

Published 05:17 on July 8, 2021  /  Last updated at 09:29 on July 8, 2021  /  Asia Pacific, New Zealand  /  No Comments

New Zealand’s environment ministry on Thursday proposed a number of adjustments to the emissions trading scheme designed to ensure industrials don’t receive too many carbon allowances, a move that might see some manufacturers lose their right to receive free permits.

New Zealand’s environment ministry on Thursday proposed a number of adjustments to the emissions trading scheme designed to ensure industrials don’t receive too many carbon allowances, a move that might see some manufacturers lose their right to receive free permits.

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