New Zealand outlines provisional carbon budget, ETS cap

Published 06:48 on December 19, 2019  /  Last updated at 11:50 on December 19, 2019  /  Asia Pacific, New Zealand  /  No Comments

New Zealand on Thursday released a draft provisional carbon budget for 2021-25 for public consultation, with specific proposals for its emissions trading scheme that would see the Fixed Price Option rise from next year and keep international units out of the market until at least 2026.

New Zealand on Thursday released a draft provisional carbon budget for 2021-25 for public consultation, with specific proposals for its emissions trading scheme that would see the Fixed Price Option rise from next year and keep international units out of the market until at least 2026.

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