Emissions Trading Scheme (ETS)
The New Zealand Emissions Trading Scheme (ETS) is a way of meeting our international obligations around climate change. The ETS puts a price on greenhouse gases to provide an incentive to reduce emissions, currently the forestry, transport, and industrial sectors are covered by the ETS.
For more information on the Emissions Trading Scheme see our links page.
Main Points for Forestry and the ETS:
Started 1 January 2008
- Voluntary inclusion for post 1989 ” Kyoto ” forests
- Deforestation liabilities for pre 1990 forests if cleared after 2008
- Pay back credits at point of harvest for Kyoto forests.
Main Points for Agriculture and the ETS:
- No longer in the ETS