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New Zealand's emissions trading scheme

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Author Info

  • Nan Jiang
  • Basil Sharp
  • Mingyue Sheng

Abstract

In 2008, New Zealand became the first country to introduce a comprehensive Emissions Trading Scheme that includes all sectors and all gases. While NZ can claim the high ground in the international arena, the emissions trading scheme will impose substantial economic costs and its success will hinge on the emergence of an open, viable, and liquid international carbon market. We provide an overview of NZ's Emission Trading Scheme and discuss its implications for the country's economy.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal New Zealand Economic Papers.

Volume (Year): 43 (2009)
Issue (Month): 1 ()
Pages: 69-79

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Handle: RePEc:taf:nzecpp:v:43:y:2009:i:1:p:69-79

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Web page: http://www.tandfonline.com/RNZP20

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Related research

Keywords: climate change; tradable emission rights;

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Cited by:
  1. Eric Karpas & Suzi Kerr, 2011. "Preliminary Evidence on Responses to the New Zealand Forestry Emissions Trading Scheme," Working Papers 11_09, Motu Economic and Public Policy Research.
  2. Keswani Mehra, Meeta & Mukherjee, Saptarshi & Dutta, Monica, 2012. "Toward a framework for implementation of climate change treaty through self-enforcing mechanisms," MPRA Paper 36286, University Library of Munich, Germany.
  3. Innocent Bakam & Robin Matthews, 2009. "Emission trading in agriculture: a study of design options using an agent-based approach," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 14(8), pages 755-776, December.

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