Emissions trading in New Zealand
The recent policy framework put forward for New Zealand's emissions trading scheme (ETS) make it the most ambitious and stringent scheme yet proposed worldwide, but concerns over implementation have sparked fierce debate, finds Roderick Bruce
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
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