James Shaw concedes ETS decisions flawed in law

James Shaw concedes ETS decisions flawed in law
James Shaw admits cabinet's ETS decision-making was not in line with law. (Image: NZME)
Ian Llewellyn
Emissions trading scheme settings are to be reviewed after climate change minister James Shaw admitted he made errors in law.Last year, the government declined to follow the Climate Change Commission's advice on tightening emissions trading scheme (ETS) settings. It was the first of a series of decisions and moves by the government, which sent carbon prices plunging from nearly $90 to below $40 now.It was clear at the time that Shaw had argued against the decision but was overruled by his cabinet colleagues.Lawyers for Climate Action NZ Inc...

More Policy

Labour’s tax plan by the numbers
Policy

Labour’s tax plan by the numbers

Labour has chosen a small target CGT and a popular health target.

Pattrick Smellie 28 Oct 2025
Labour's CGT: 'the moderates have won'
Economy

Labour's CGT: 'the moderates have won'

A 'first step' policy that may not raise much revenue.

Pattrick Smellie 28 Oct 2025
Online gambling receipts balloon amid efforts to regulate sector
Policy

Online gambling receipts balloon amid efforts to regulate sector

Offshore online gambling providers filed $290.3m of GST receipts in six months to July.

Gregor Thompson 28 Oct 2025
How Pharmac's set-up risks higher health costs
Economy

How Pharmac's set-up risks higher health costs

Pharmac's fixed budget discourages use of cost-saving medicines common elsewhere.

Pattrick Smellie 23 Oct 2025