Decision trees: Forestry in the New Zealand Emissions Trading Scheme post-2020

Sandra Cortés Acosta (), Arthur Grimes and Catherine Leining
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Sandra Cortés Acosta: Motu Economic and Public Policy Research

No 20_11, Working Papers from Motu Economic and Public Policy Research

Abstract: In June 2020, the New Zealand Government passed the Climate Change Response (Emissions Trading Reform) Amendment Act 2020 (ETR Act) to reform the architecture of the New Zealand Emissions Trading Scheme (NZ ETS). As a result of the ETR Act, from 1 January 2023, post-1989 forest land will be classified either as standard post-1989 forest (stock change), standard post-1989 forest (averaging) or permanent post-1989 forest. This paper collates information for obtaining New Zealand Units from these three forestry activities via the NZ ETS and summarises the most recent decisions regarding forestry-related accounting methods and operational changes to the NZ ETS.

Keywords: Forestry; emissions trading scheme; climate change; environment; New Zealand; indigenous forest; exotic forest (search for similar items in EconPapers)
JEL-codes: H23 Q54 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2020-10
New Economics Papers: this item is included in nep-env, nep-ore and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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