Reflections and outlook for the New Zealand ETS: must uncertain times mean uncertain measures?
The New Zealand emissions trading scheme (ETS) wasintroduced by legislation in 2008. The legislated objectives asstated in section 3 of the Climate Change Response Act 2002are to ‘support and encourage global efforts to reduce theemission of greenhouse gases by (i) assisting New Zealandto meet its international obligations under the [UNFCCC].
