Emissions

Lack of global market hampers New Zealand’s emissions trading scheme

ETS now requires constructive work

BusinessNZ says in light of the Government’s clear decision to proceed with the emissions trading scheme, business should now constructively assist in making the scheme fit for purpose.

Lack of global market hampers New Zealand’s emissions trading scheme

Balanced approach appropriate

An emissions target range of 10-20% below 1990 levels by 2020 is a significant challenge, but strikes a sensible balance given New Zealand’s circumstances, says BusinessNZ.