New Zealand updates carbon price settings, falls short of climate body recommendations
December 16, 2022 Comments Off
The New Zealand government updated Dec. 15 the country’s Emissions Trading Scheme (ETS) carbon allowance price and volume settings for 2023 to levels significantly lower than as advised by its national climate body. The Climate Change Commission (CCC), an independent body tasked with advising the government on climate policy, had recommended in July a steep increase in carbon auction price…
New Zealand updates carbon price settings, falls short of climate body recommendations
The New Zealand government updated Dec. 15 the country’s Emissions Trading Scheme (ETS) carbon allowance price and volume settings for 2023 to levels significantly lower than as advised by its national climate body. The Climate Change Commission (CCC), an independent body tasked with advising the government on climate policy, had recommended in July a steep increase in carbon auction price…
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