OECD report picks apart ETS approach

Posted: 07 May 2024

Along with criticisms of some government headline policies including borrowing for tax cuts, the OECD’s latest economic survey of New Zealand runs a tough eye over the country’s climate change policies.

The bi-annual economic survey report takes a particularly close look at NZ’s Emissions Trading Scheme, concluding that this country’s “no limits” approach to using afforestation to absorb carbon makes it almost unique internationally, and leaves it at risk of over-investment in it as a solution.

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