Mon. Jun 21st, 2021

Climate politics is a long game but people must see more positive changes to really appreciate the benefits of ending fossil fuels

The New Zealand emissions trading scheme (ETS), now in its fourteenth year of operation and much criticised for (so far) failing to cut emissions, is the centrepiece of the government’s climate action. Judging from Budget 2021, it will remain that way for years to come.

Auctioning of emissions units began in March, and 2022 will see the introduction of a falling cap on net emissions of long-lived greenhouse gases. (The precise level of the cap will be announced later in the year.)

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