Carbon Trading
Carbon markets have experienced tremendous growth worldwide as governments, businesses, and individuals have sought to reduce greenhouse gas emissions and align themselves with international sentiment regarding climate change and sustainable development.
These markets have the potential to achieve emissions reduction at the lowest possible economic cost and as a result emissions trading will remain at …
Monthly Archive
for: ‘April, 2010’
International Carbon Trading
An Overview of the NZ Emissions Trading Scheme
The New Zealand Emissions Trading Scheme
The NZ ETS was introduced through the Climate Change Response Act (2002) in September 2008 and has since remained in force. New Zealand’s forestry sector is currently the only industry to have entered the scheme.
Design
The NZ ETS has been designed to create new incentives for participants to reduce their greenhouse …
