An emissions trading scheme is New Zealand’s main policy to tackle climate change. But to bring down emissions quickly enough, other policies will need to transform transport and agriculture.
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Articles on New Zealand Emissions Trading Scheme
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Moving New Zealanders rapidly into electric vehicles is a good idea, but success will still depend on a number of difficult to predict economic forces.
New Zealand is one of few countries to enshrine a zero-carbon goal in law, but current climate policies don’t keep up with that ambition.
New Zealand voters are divided on climate policy along party lines, with the majority on one side of the political spectrum calling for urgent action while at the other end most recommend caution.
Traditional market transactions ignore the costs of greenhouse gas emissions. An emissions trading scheme is a tool to put a price on emissions and to influence us to choose lower-emission options.
A new report suggests New Zealand should rethink climate policy and use forests to offset only agricultural emissions, which make up half of the country’s total emissions, and not carbon dioxide.
Top contributors
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Professor in Applied Mathematics, Massey University
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Senior Lecturer in Social Sciences and Public Policy, Auckland University of Technology
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Policy Fellow, Climate Change, Motu Economic and Public Policy Research
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Associate Professor of Finance & Director, Climate and Energy Finance Group, University of Otago
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Professor of Energy Economics, University of Auckland
