New Zealand proposes major ETS overhaul

Published 10:07 on August 13, 2018  /  Last updated at 08:02 on August 14, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand on Monday released a consultation paper proposing major revisions to its emissions trading scheme, including setting an annual absolute cap, replacing the fixed price option with a cost containment reserve, and launching a process to phase down free allocation to industrials.

New Zealand on Monday released a consultation paper proposing major revisions to its emissions trading scheme, including setting an annual absolute cap, replacing the fixed price option with a cost containment reserve, and launching a process to phase down free allocation to industrials.

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