Analysis: New Zealand’s carbon market could be up for significant change if Labour forms the next government, as the party promises to reduce a disproportionate reliance on forestry in the scheme.
The Emissions Trading Scheme is one of New Zealand’s oldest climate policies, although it has been tinkered with by successive governments to balance its impacts on fuel and power prices with its effectiveness at cutting climate pollution.
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Marc Daalder is a senior political reporter at Newsroom. He covers climate change, health, energy and violent extremism.
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