Asia Pacific > NZ ETS must slash dependence on forestry credits, Climate Change Commission says

NZ ETS must slash dependence on forestry credits, Climate Change Commission says

Published 09:35 on April 26, 2023  /  Last updated at 09:50 on April 26, 2023  / Mark Tilly /  Asia Pacific, New Zealand

New Zealand must find a way for its emissions trading scheme to rely less on forestry credits if the market is to drive sufficient carbon reductions elsewhere in the economy to meet national climate goals, the independent Climate Change Commission said Wednesday.
New Zealand must find a way for its emissions trading scheme to rely less on forestry credits if the market is to drive sufficient carbon reductions elsewhere in the economy to meet national climate goals, the independent Climate Change Commission said Wednesday.


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