You are here: Consultations > Consultation on proposed regulations restricting the use of certain international units in the NZ ETS
Consultation on proposed regulations restricting the use of certain international units in the NZ ETS
Consultation closed
Consultation on draft regulations restricting the use of certain international units in the NZ ETS the NZ Emissions Trading Scheme (ETS) closed on 30 November 2012.
What’s happening?
The Government is considering restricting the following international emission units from surrender in the New Zealand Emissions Trading Scheme (NZ ETS) due to concerns over their environmental integrity:
- Emission Reduction Units (ERUs) generated from HFC-23 and N2O industrial gas destruction projects
- Certified Emission Reduction units (CERs) and ERUs generated from large-scale hydropower projects (greater than 20 MW capacity) that do not meet the guidelines in the World Commission on Dams’ final report: Dams and Development: A Framework for Decision Making.
Submissions are now closed. Any further announcements will be posted on this web page.
Last updated: 30 November 2012
