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Submission in response to proposed changes to NZ Emissions Trading Regulations 2024
In this submission the primary points we cover are steps that can be taken to improve the way the ETS operates, so that it becomes a lot more effective and capable of meeting the
urgent need to reduce our emissions. The possibility of replacing the current ETS with a
simple carbon tax is also covered.
Two other key points we cover are first the need for greater clarity in our net emissions measurements, and second the strong case for introducing a citizen’s dividend, funded from the revenue the Government receives from carbon charges, to compensate people for the rising costs of goods and services that will result from carbon charge increases.