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You are here: Emissions trading > NZ ETS Review 2011
The independent review of the NZ ETS has been completed.
The independent review of the NZ ETS has been completed and the Panel's report has been published by the Minister for Climate Change Issues. See the Minister's Press Release [Beehive website] and the Review Report (PDF, 4.13 MB).
The Climate Change Response Act 2002 requires a review of New Zealand’s Emissions Trading Scheme (ETS) to be completed before the end of 2011.
The Panel started work in February 2011 and reported back to the Minister on 30 June 2011.
The review assessed the operation and effectiveness of the ETS and how the ETS should evolve beyond 2012, given there is still uncertainty over the outcome of international climate change negotiations and what climate change action will be taken by our key trading partners.
The Panel made recommendations to the Government on steps that can be taken to ensure that beyond 2012 the ETS:
The review focused on the high-level design of the ETS, particularly:
The Panel published regular updates on the review (PDF, 78 KB) as its work progressed.
The Minister has considered the report's recommendations and has published the report here along with the Panel’s supporting material including, working papers, a summary of submissions and the individual submissions (except for those who have requested confidentiality) .
Submitters and stakeholders have been notified that the Review Report and supporting information has been published.
Last updated: 28 October 2011