Emissions trading in New Zealand

New Zealand's carbon emissions output is growing at a startling rate. While the country's annual emissions of around 80 million tonnes of carbon dioxide equivalent (Mt CO2e) represent less than 1% of the global total, the country has the 12th highest per capita emissions level globally, due to reliance on private transport and emissions-intensive industries. Emissions from fuel combustion have increased 50% since 1990, significantly higher than the 28% global rate of increase. Emissions from the