The New Zealand Emissions Trading Scheme (NZ ETS) is the government’s main tool for reducing greenhouse gas emissions. The Government plans to improve the current scheme by introducing a ‘cap’ on emissions covered by the scheme. The cap will reduce over time and help set Aotearoa New Zealand on a trajectory towards meeting our emissions reduction targets.
We sought feedback on the specific NZ ETS settings that are being proposed, including unit supply and price controls, that will be set through regulations in mid-2020.
The consultation closed on 28 February 2020 at 5pm.
What is happening
The Climate Change Response (Emission Trading Reform) Amendment Act was passed into law on the 22 June 2020. It makes a number of changes to the New Zealand Emissions Trading Scheme.
What you told us
Summary of submissions
Review the proposals
Slideshow [PDF, 695 KB] — this takes you through the proposals in the consultation document. For detailed information see the consultation document above.
We held meetings to gain feedback on the specific NZ ETS settings that are being proposed. View the Online webinar [Zoom website]. If this webinar is inaccessible to you contact the NZETS team for more information.
Meetings we held
|Monday 3 February||Auckland|
|Tuesday 4 February||Rotorua|
|Tuesday 11 February||Wellington|
|Wednesday 12 February||Christchurch|
|Thursday 13 February||Online webinar [Zoom website]|