Why NZ's emissions trading scheme should have an auction reserve price
- Written by Suzi Kerr, Adjunct Professor, School of Government, Victoria University of Wellington
New Zealand's emission reduction target for 2030 is to bring emissions to 30% below 2005 levels, and to be carbon neutral by 2050.from www.shutterstock.com, CC BY-NDWhile people’s eyes often glaze over when they hear the words “emissions trading”, we all respond to the price of carbon.
Back in 2010, when the carbon price was...