Free allocation in the New Zealand Emissions Trading Scheme: a critical analysis
DOI:
https://doi.org/10.26686/pq.v6i1.4325Keywords:
emissions trading scheme (ETS), uncapped production-based allocation, 'grandparenting’ approach, equilibrium modelling, Australian carbon pollution reduction scheme (CPRS), AgricultureAbstract
In November 2009 the government passed significant amendments to New Zealand’s emissions trading scheme (ETS), barely two months after the legislation was introduced. Submitters were given two weeks to make written submissions, and some were asked to appear for oral submissions with only a few hours notice. Very little economic analysis of the legislation was released by the government at the time or has been since.
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