units had significant environmental integrity concerns and may not have been linked to real greenhouse gas reductions.” (Waikato Regional Council, 03007) Government’s allowance of cheap international units undermined the opportunity for “…the NZ to establish a forestry-based carbon mitigation platform.” (Ngāti Hine Forestry Trust, 00066) Table 4: Submitter positions If international units are eligible for NZ ETS compliance in the 2020s, – should any of the following restrictions be placed on their use? Qualitative and Qualitative Quantitative No Unsure/ quantitative restriction restriction restrictions unclear restrictions Agriculture 2 1 0 2 4 9 Business groups 3 0 0 0 0 3 Electricity 1 4 0 1 1 7 Forestry 21 9 2 0 9 41 Individual 11 11 10 0 22 54 Industrial processors 2 2 0 4 1 9 Iwi/Māori 3 1 0 0 3 7 Liquid fossil fuels 1 1 0 0 3 5 (transport) Local government 0 4 1 0 0 5 NGO and community 4 4 3 0 1 12 groups Research and tertiary 3 1 2 0 3 9 organisations Stationary energy 1 1 0 4 2 8 (excluding electricity) Waste sector 3 4 0 1 0 8 Wood processors and 0 1 0 0 0 1 manufacturers Other 7 2 1 0 2 12 TOTAL 62 46 19 12 51 190 Figure 3: Submitter positions If international units are eligible for NZ ETS compliance in the 2020s, – should any of the following restrictions be placed on their use? Auctioning Auctioning mechanisms are primarily used as a way to efficiently distribute units to participants and ensure the number of units circulating reflects the emissions cap on the scheme and/or the national emissions reduction target. They can also be used to influence unit prices by controlling the supply of units.
units had significant environmental integrity concerns and may not have been linked to real greenhouse gas reductions.” (Waikato Regional Council, 03007) “…the Government’s allowance of cheap international units undermined the opportunity for NZ to establish a forestry-based carbon mitigation platform.” (Ngāti Hine Forestry Trust, 00066) Table 4: Submitter positions – If international units are eligible for NZ ETS compliance in the 2020s, should any of the following restrictions be placed on their use? Qualitative and quantitative restrictions Qualitative restriction Quantitative restriction No restrictions Unsure/ unclear Agriculture 2 1 0 2 4 9 Business groups 3 0 0 0 0 3 Electricity 1 4 0 1 1 7 Forestry 21 9 2 0 9 41 Individual 11 11 10 0 22 54 Industrial processors 2 2 0 4 1 9 Iwi/Māori 3 1 0 0 3 7 Liquid fossil fuels (transport) 1 1 0 0 3 5 Local government 0 4 1 0 0 5 NGO and community groups 4 4 3 0 1 12 Research and tertiary organisations 3 1 2 0 3 9 Stationary energy (excluding electricity) 1 1 0 4 2 8 Waste sector 3 4 0 1 0 8 Wood processors and manufacturers 0 1 0 0 0 1 Other 7 2 1 0 2 12 TOTAL 62 46 19 12 51 190 Figure 3: Submitter positions – If international units are eligible for NZ ETS compliance in the 2020s, should any of the following restrictions be placed on their use? Auctioning Auctioning mechanisms are primarily used as a way to efficiently distribute units to participants and ensure the number of units circulating reflects the emissions cap on the scheme and/or the national emissions reduction target. They can also be used to influence unit prices by controlling the supply of units.
nz-ets-summary-stage-two-other-issues-final.docx