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Business Responses to the Introduction of the New Zealand Emissions Trading Scheme: Part I

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Abstract

This study creates a 2010 baseline of business responses to the introduction of the New Zealand Emissions Trading Scheme (NZ ETS) and the reasons for those responses. It is too soon to judge the effectiveness of the NZ ETS. Indeed at the time of this study many firms were still coming to terms with the scheme. What has been observed, however, are early signs that the price incentive is starting to have an effect. Potential issues that may in the future require policy intervention are also identified.

Suggested Citation

  • Numan-Parsons, Elisabeth & Stroombergen, Adolf Stroombergen & Fletcher, Ngaio, 2011. "Business Responses to the Introduction of the New Zealand Emissions Trading Scheme: Part I," Occasional Papers 11/4, Ministry of Economic Development, New Zealand.
    • Handle: RePEc:ris:nzmedo:2011_004
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    File URL: http://www.med.govt.nz/about-us/publications/publications-by-topic/occasional-papers/11-04-pdf/view
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    Cited by:

    1. Jessika Richter & Luis Mundaca, 2015. "Achieving and maintaining institutional feasibility in emissions trading: the case of New Zealand," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 20(8), pages 1487-1509, December.

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    More about this item

    Keywords

    Emissions trading scheme; abatement; business strategy;
    All these keywords.

    JEL classification:

    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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