Emissions trading

Discussion paper

14 Aug 2018

The government is proposing improvements to the New Zealand Emissions Trading Scheme (NZ ETS) and is seeking feedback. This consultation document sets out proposals primarily focused on improving the framework of the NZ ETS so that it is a credible and well-functioning scheme that helps...

Discussion paper

14 Aug 2018

The government wants to simplify the way the ETS works for forestry participants, increase afforestation and enable more flexibility in the scheme rules to support the right trees being planted, in the right place, for the right purpose. There are opportunities to improve the ETS...

Discussion paper

8 Jun 2018

On behalf of the Minister of Forestry and the Minister for Climate Change, the Ministry for Primary Industries (MPI) is consulting on a set of twelve improvements to forestry regulations in the New Zealand Emissions Trading Scheme (NZETS).

Journal article

6 May 2018

This article analyses the implementation of emissions trading systems (ETSs) in eight jurisdictions: the EU, Switzerland, the Regional Greenhouse Gas Initiative (RGGI) and California in the US, Québec in Canada, New Zealand, the Republic of Korea and pilot schemes in China. The article clarifies what...

Research report

A conceptual framework for understanding interactions between carbon prices and electricity prices
2 Apr 2018

An emissions trading system (ETS) is a market-based mechanism that is applied to achieve emissions targets at least cost. By fixing a quantity of emissions (the cap), requiring that companies surrender one allowance for each unit of emissions generated and making the allowance tradable, a...

Research report

A conceptual framework for understanding interactions between carbon prices and electricity prices
2 Apr 2018

Emissions trading systems (ETSs) as a cost-effective instrument for emissions control in the power sector are now being implemented or considered across a diverse set of jurisdictions. However, regulation in the power sector may impede or alter the functioning of an ETS. In this paper,...

Evaluation

11 Dec 2017

This report outlines stakeholders’ views on how the Emissions Reduction Fund (ERF) is performing and whether improvements should be made to its operation, administration, design and governance.

Guide

1 Nov 2017

The National Carbon Offset Standard (NCOS) for Organisations has been designed to accommodate a wide variety of organisations with operations in Australia, regardless of scale and type. From large-scale organisations with thousands of employees to local businesses, the NCOS for Organisations can be used as...

Working paper

3 Aug 2017

This paper describes the policy changes to the New Zealand emissions trading scheme (ETS) since 2008 that directly affect forestry; assesses the effectiveness of the scheme; explores who is benefiting from it; and outlines issues facing forestry in the ETS moving forward.

Strategy

9 Jun 2017

This document outlines a plan to maintain security and reliability in the National Electricity Market (NEM) in light of the significant transition underway, including due to rapid technological change.

Commentary

8 Jun 2017

Frank Jotzo looks at low emissions targets and how they might work in Australia.

Discussion paper

Motu note #27
31 May 2017

This document outlines an integrated proposal for managing unit supply and prices in the ETS. Its objective is to generate a more predictable long-term emission price signal to guide efficient domestic de-carbonisation and cost-effectively manage New Zealand’s overall contribution to global emission reductions.

Research report

20 Mar 2017

OECD Environmental Performance Reviews provide independent assessments of countries’ progress towards their environmental policy objectives.

Reviews promote peer learning, enhance government accountability, and provide targeted recommendations aimed at improving environmental performance, individually and collectively. They are supported by a broad range of economic and...

Research report

9 Dec 2016

In 2015, the Australian Commonwealth Government committed to reducing Australia’s carbon dioxide equivalent (CO2e) emissions by 26 to 28 per cent below 2005 levels by 2030. As the electricity sector accounts for around one-third of Australia’s emissions, efforts to reduce economy-wide emissions efficiently will inevitably...

Briefing paper

4 Nov 2016

In December last year, the world negotiated and adopted the historic Paris Agreement on climate change. For the first time, all countries – rich and poor, large and small – agreed to take universal action to limit global warming to 1.5-2°C, to achieve net zero...

Research report

3 Nov 2016

Australia has flagged its intention to ratify the Paris Agreement, which aims to keep global warming to no more than 2 degrees Celsius above pre-industrial levels and pursue efforts to stay below 1.5 degrees Celsius. To have any chance of achieving such targets, we need...

Research report

12 Sep 2016

Background

The Government established the Carbon Farming Initiative in September 2011 under which entities associated with the agricultural, forestry and legacy waste (landfill) emissions sectors of the economy could register projects and earn credits for every tonne of carbon abated. In November 2014,...

Working paper

16 Aug 2016

The New Zealand Emissions Trading Scheme (NZ ETS) presents an opportunity to compare the theory of linked emissions trading with practice. From 2009 until late 2012 New Zealand was linked to the Kyoto market and there was no indication that this link would be broken....

Audio interview

11 Apr 2016

Climate policy has been divisive and politically brutal territory over the past decade, playing a decisive role in the downfall of Liberal leaders John Howard and Malcolm Turnbull (in 2009), and then Labor's Kevin Rudd and Julia Gillard. A new report by the Grattan Institute...

Research report

10 Apr 2016

After a decade of toxic political debates and a policy bonfire, there is an opportunity to forge a stable and compelling policy on climate change that could be supported by both sides of politics.

Abipartisan approach to reducing greenhouse gas emissions is within reach....

Overview

 

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