Emissions Trading Reform

OraTaiao submission, 17 January 2020

It is encouraging to see a cap on emissions units, a sinking lid mechanism and the phasing out of industrial allocation of free units incorporated into the draft Climate Change Response (Emissions Trading Reform) Amendment Bill.

"We remain concerned however about the ongoing delay in integration of agriculture into the Emissions Trading Scheme, the slow phase down of free units to industry and the lack of a mechanism to recycle revenue from the sale of New Zealand Units to support a low carbon transition for those most likely to be impacted by the changes - low income, Māori and Pacific households."

Read full submission here (PDF). This submission is endorsed by the New Zealand Medical Association, Tōpūtanga Tapuhi Kaitiaki o Aotearoa / New Zealand Nurses Organisation (NZNO), the Public Health Association of New Zealand, and the New Zealand College of Public Health Medicine.