TY  - Working paper
AU  - Suzi Kerr
AU  - Judd Ormsby


PY  - 2016
T1  - The New Zealand Emissions Trading Scheme de-link from Kyoto: impacts on banking and prices
PB  - Motu Economic and Public Policy Research


DO  - https://doi.org/APO-66564
UR  - https://apo.org.au/node/66564

AB  - 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. In November 2012 the New Zealand government announced that it would not proceed with the second commitment period of the Kyoto Protocol and future linking became uncertain. This de-link was confirmed by the government in December 2013 and it was announced that it would take effect from 31 May 2015.
ER  -