This report is the 2024 edition of the Climate Change Commission's annual advice to the Minister of Climate Change on updating the NZ ETS unit limits and price control settings for the next five years (2025–2029).
"New evidence shows there are too many units in the NZ ETS for the Government to make best use of it to reduce emissions. This excess number of units presents a high risk that emissions budgets won't be achieved. To address this risk, the Commission advises the Government to reduce NZ ETS auction volumes as soon as possible, Dr Carr says. "
1 January 2026 marks a major step forward for vocational education in New Zealand, with ten regionally governed polytechnics and eight new Industry Skills Boards officially beginning operation, Vocational Education Minister Penny Simmonds says.
Azerbaijan and Malta have become the 171st and 172nd countries to ratify, accept or approve the Kigali Amendment to phase down HFC's.
