Methane needs special ETS rules and NZ carbon units need regulation: ProdCom

Tue, 04 Sep 2018

By Pattrick Smellie Sept. 4 (BusinessDesk) - The Productivity Commission's final report on achieving a low carbon economy makes concrete recommendations on how to treat methane under the Emissions Trading Scheme, says the ETS should be administered by a new, independent government agency, and says tradeable New Zealand Units of carbon should be regulated as financial instruments. While the 620-page report largely confirms the findings of the commission's interim report, issued in April, there are new proposals in these and a few other are...

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