ETS changes could open a legal can of worms

ETS changes are almost certain to attract legal challenges from aggrieved iwi and hapu. (Image: Getty)

Mon, 17 Jul 2023

A high court judgment ordering the government to reconsider its decisions on emissions trading scheme settings may help restore some confidence in the troubled carbon market.However, foresters and others say the court ruling would not remove many of the uncertainties caused by the wider emissions trading scheme (ETS) review. They say if ministers go ahead with retrospective changes this is almost certain to attract legal action, particularly from Māori forest owners.On Thursday evening, after secondary markets stopped trading, the high court re...

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