Climate Change Commission recommends NZ ETS changes to stay on track for meeting emissions reductions targets

Minister of Climate Change James Shaw has today released the Commission’s second annual advice on NZ ETS unit limits and price control settings, covering the period 2024 – 2028. 

The NZ ETS is one of the Government’s main tools to reduce emissions, but the current price settings mean it cannot function as effectively as it should, Climate Change Commission Chair Dr Rod Carr says. 

Read the Commission's advice here.