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.
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]
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]|
- We will prepare a report that summarises the submissions and make recommendations to the Minister.
- We will then seek agreement from Ministers for policy decisions on the proposals.
- Following Cabinet approval of the policy decisions, officials will begin drafting new regulations.