Proposed changes to New Zealand Emission Trading Scheme (ETS) and synthetic greenhouse gas levy (SGG) regulations 2021

Last updated: May 28, 2021

Environment & Infrastructure

Proposed changes to New Zealand Emission Trading Scheme (ETS) and synthetic greenhouse gas levy (SGG) regulations 2021

Published: May 28, 2021

Stage: Done

Priority: Medium

Submitting To: Ministry for the Environment (MfE)

Issue for Business: Submission from BusinessNZ (BusNZ) and the BusinessNZ Energy Council (BEC) Emissions pricing, through NZ ETS and SGG level critical part of policy package to reduce greenhouse gas emissions. Set out coherent set of measures that are complimentary to Emissions Reduction Plan. Update unit limit and auction price control settings Update default emissions factors Update electricity allocation factor Improve waste methodology Update schedule of goods covered Implement new regulations for NZ ETS auction monitor

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