ETS development continues to be well signalled The latest design changes to New Zealand’s emissions trading scheme have been progressively well signalled and are broadly positive, says BusinessNZ. The Government’s latest set of changes include rules for auctions, pricing, monitoring, and penalties for the ETS. BusinessNZ Chief Executive Kirk Hope...
Steady ETS development BusinessNZ has welcomed the announcement of the first tranche of decisions from the ongoing development of the NZ Emissions Trading Scheme. BusinessNZ Chief Executive Kirk Hope said the ETS needs a careful balance between contributing to emissions reduction and maintaining New Zealand as a prosperous economy that...
Early ratification helpful for NZ business Earlyratification helpful for NZ business TheGovernment’s early ratification of the Paris Agreement on climate change placesNew Zealand in a good negotiating position for future UN decision making, saysBusinessNZ. New Zealandhas now deposited its formal ratification instrument at the United Nations. Thisguarantees New Zealand a...
Business perspective on changes to NZ’s emissions trading scheme