On 24 September 2009 the Government introduced the Climate Change Response (Moderated Emissions Trading) Amendment Bill to Parliament, proposing a number of changes to the New Zealand Emissions Trading Scheme (NZ ETS).
On 24 September 2009 the Government introduced the Climate Change Response (Moderated Emissions Trading) Amendment Bill to Parliament, proposing a number of changes to the New Zealand Emissions Trading Scheme (NZ ETS).
This bulletin contains a summary of these changes and a series of questions and answers on key changes in the Bill and the intended operation of the amended NZ ETS.
Please note that the answer to the question “How much will the NZ ETS cost the average farmer?” has been amended since the original publication of this bulletin in September 2009.