By Ruth Copeland, Communications Director, Motu Economic and Public Policy Research
With the Environment Select Committee due to report back on the Climate Change Response (Emissions Trading Reform) Amendment Bill, perhaps this is a timely reminder to have a good look at the NZ ETS Cap Explorer Tool released last year by Motu. The government plans to improve the current ETS by introducing a ‘cap’ on emissions covered by the scheme. This cap will reduce over time to help us meet our emission reduction targets.