New Zealand releases ETS price control settings, ignores Climate Change Commission recommendations

Published 06:01 on December 15, 2022  /  Last updated at 01:17 on December 16, 2022  /  Asia Pacific, New Zealand  /  No Comments

The New Zealand government on Thursday announced the country’s emissions trading scheme price settings between 2023-27, keeping much of the existing architecture in place and making only a marginal increase to the Cost Containment Reserve trigger price despite the recommendation from the Climate Change Commission to more than double it.

The New Zealand government on Thursday announced the country’s emissions trading scheme price settings between 2023-27, keeping much of the existing architecture in place and making only a marginal increase to the Cost Containment Reserve trigger price despite the recommendation from the Climate Change Commission to more than double it.

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