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Updating the New Zealand Emissions Trading Scheme: A consultation document

Publication date:  April 2012
Publication reference number:  INFO 646

The ETS is New Zealand’s primary tool to reduce its greenhouse gas emissions. The scheme puts a price on emissions from sectors like industry, transport and electricity, and provides New Zealand Units (NZUs) for eligible forests that absorb emissions. In this way, the ETS creates a price on emissions and a market for reducing them.

Consultation closed on 11 May 2012.