The Emissions Trading Scheme (ETS) is New Zealand’s main tool for reducing greenhouse gas emissions so it’s important that it is a credible and well-functioning scheme that helps us meet our climate change targets.
There are two sets of proposed improvements to the ETS.
The first set proposes to strengthen the ETS framework so that it is a credible and well-functioning scheme that helps us meet our climate change targets. Read the consultation document about these improvements here.
The second set relates to forestry and proposes changes to reduce complexity and other barriers to forestry owners being part of the scheme. Read the discussion document and related information about these improvements on the MPI website here.
A decision about whether agriculture will be included in the ETS isn’t part of the consultation. This decision will be made next year.