Emissions Trading Schemes and Carbon Taxes: Reinvestigating the Policy Tools New Zealand Uses to Address Climate Change

2016 ◽  
Author(s):  
James Churchill
2021 ◽  
Author(s):  
◽  
Craig Fowles

<p>Adaptation to actual climate change and contingency planning to reduce vulnerability from likely climate change effects is crucial for the New Zealand dairy industry. Thus in alignment with international treaties and growing international pressure and speculation, the New Zealand Government in October 2007 announced an Emissions Trading Scheme (ETS) adaptable specifically to the New Zealand scene. This ETS passed into law in September 2008 through the enactment of the Climate Change Response (Emissions Trading) Amendment Act 2008. This thesis specifically looks at agriculture related emissions and calculates the liability faced by the dairy industry come 2013 when the industry is completely involved in the ETS. The purpose of this is to further aid the industry so that it can best align itself with the ETS in order to minimise this liability. This is not simply an aid to help the industry save money, as the minimisation of liability should come as a benefit to the environment through reduced emissions. There is also a second issue associated with this - as to whether the liability faced by the industry will be material enough in order for the farmers to actually mitigate their environmental impacts or will they simply bear the expense and ignore the opportunities to reduce their emissions against a baseline (and potentially generate carbon credits for sale) and/or offset any residual emissions through purchasing carbon credits? This therefore analysed the threshold of farmer's incomes whereby they will choose to abate their emissions rather than simply paying for their carbon emissions liability. This threshold obviously varied greatly through the dairying industry with differing factors - this was taken into account and discussed in detail. Other aspects influence this threshold also, factors such as the opportunity for the industry to market a niche product if they do achieve a low carbon or carbon neutral status for their products, cost competitiveness of available abatement technologies, geographical issues pertaining to each abatement method and so on. In order to gain an insight into farmers' perceptions 23 Taranaki dairy farmers were interviewed. This 23 was selected randomly from a list of farmers who reside in the geographical area of Taranaki. This randomisation allowed for an analysis of a variety of size of farmers which eliminated a bias of perceptions from dominating farming sizes within this region. Utilising the theoretical framework surrounding stabilisation triangles, riparian management and nitrification inhibitors were the basis of this examination for emissions reduction management due to their major co-benefit of improved water quality alongside the ultimate goal of emissions reductions. The extent of potential mitigation through the implementation of riparian management and nitrification inhibitors equates to two of the wedges required for the overall reduction in emissions under the ETS. Also, as explained earlier, the co-benefit of improved water quality associated with riparian management and nitrification inhibitors make their implementation even more attractive. The theory behind riparian management and nitrification inhibitors has mostly been done, therefore for the purpose of this thesis, farmers' perceptions of the abatement options were examined. These perceptions included the associated opportunities as well as the challenges that will be faced by those participating farmers.</p>


2011 ◽  
Vol 69 ◽  
pp. 201-234 ◽  
Author(s):  
Simon Caney ◽  
Cameron Hepburn

Cap-and-trade systems for greenhouse gas emissions are an important part of the climate change policies of the EU, Japan, New Zealand, among others, as well as China (soon) and Australia (potentially). However, concerns have been raised on a variety of ethical grounds about the use of markets to reduce emissions. For example, some people worry that emissions trading allows the wealthy to evade their responsibilities. Others are concerned that it puts a price on the natural environment. Concerns have also been raised about the distributional justice of emissions trading. Finally, some commentators have questioned the actual effectiveness of emissions trading in reducing emissions. This paper considers these three categories of objections – ethics, justice and effectiveness – through the lens of moral philosophy and economics. It is concluded that only the objections based on distributional justice can be sustained. This points to reform of the carbon market system, rather than its elimination.


2021 ◽  
Author(s):  
◽  
Craig Fowles

<p>Adaptation to actual climate change and contingency planning to reduce vulnerability from likely climate change effects is crucial for the New Zealand dairy industry. Thus in alignment with international treaties and growing international pressure and speculation, the New Zealand Government in October 2007 announced an Emissions Trading Scheme (ETS) adaptable specifically to the New Zealand scene. This ETS passed into law in September 2008 through the enactment of the Climate Change Response (Emissions Trading) Amendment Act 2008. This thesis specifically looks at agriculture related emissions and calculates the liability faced by the dairy industry come 2013 when the industry is completely involved in the ETS. The purpose of this is to further aid the industry so that it can best align itself with the ETS in order to minimise this liability. This is not simply an aid to help the industry save money, as the minimisation of liability should come as a benefit to the environment through reduced emissions. There is also a second issue associated with this - as to whether the liability faced by the industry will be material enough in order for the farmers to actually mitigate their environmental impacts or will they simply bear the expense and ignore the opportunities to reduce their emissions against a baseline (and potentially generate carbon credits for sale) and/or offset any residual emissions through purchasing carbon credits? This therefore analysed the threshold of farmer's incomes whereby they will choose to abate their emissions rather than simply paying for their carbon emissions liability. This threshold obviously varied greatly through the dairying industry with differing factors - this was taken into account and discussed in detail. Other aspects influence this threshold also, factors such as the opportunity for the industry to market a niche product if they do achieve a low carbon or carbon neutral status for their products, cost competitiveness of available abatement technologies, geographical issues pertaining to each abatement method and so on. In order to gain an insight into farmers' perceptions 23 Taranaki dairy farmers were interviewed. This 23 was selected randomly from a list of farmers who reside in the geographical area of Taranaki. This randomisation allowed for an analysis of a variety of size of farmers which eliminated a bias of perceptions from dominating farming sizes within this region. Utilising the theoretical framework surrounding stabilisation triangles, riparian management and nitrification inhibitors were the basis of this examination for emissions reduction management due to their major co-benefit of improved water quality alongside the ultimate goal of emissions reductions. The extent of potential mitigation through the implementation of riparian management and nitrification inhibitors equates to two of the wedges required for the overall reduction in emissions under the ETS. Also, as explained earlier, the co-benefit of improved water quality associated with riparian management and nitrification inhibitors make their implementation even more attractive. The theory behind riparian management and nitrification inhibitors has mostly been done, therefore for the purpose of this thesis, farmers' perceptions of the abatement options were examined. These perceptions included the associated opportunities as well as the challenges that will be faced by those participating farmers.</p>


2014 ◽  
Vol 10 (2) ◽  
Author(s):  
Jessika Luth Richter ◽  
Lizzie Chambers

The New Zealand emissions trading scheme (ETS) was introduced by legislation in 2008. The legislated objectives as stated in section 3 of the Climate Change Response Act 2002 are to ‘support and encourage global efforts to reduce the emission of greenhouse gases by (i) assisting New Zealand to meet its international obligations under the [UNFCCC] Convention and the [Kyoto] Protocol; and (ii) reducing New Zealand’s net emissions of those gases to below business-as-usual levels’. Beyond this, the New Zealand government has confirmed three objectives for the ETS.


2012 ◽  
Vol 573-574 ◽  
pp. 266-270 ◽  
Author(s):  
Susanne Becken ◽  
Pei Yu Ren

Tourism involves travel, and travelling is inherently dependent on carbon-based fuel. The low cost of carbon fuels resulted in massive expansions of global tourism with many countries now depending on tourism exports for their national economies. However, oil is a finite resource and tourism’s dependence on it creates major vulnerabilities. It is also increasingly recognised that to combat man-made global climate change it is essential to put a price on carbon, for example through carbon taxes or Emissions Trading Schemes. The implications of a diminishing availability of cheap carbon-based fuel are extremely complex and far reaching, both for society as a whole and for tourism.


2008 ◽  
Vol 4 (4) ◽  
Author(s):  
Bruno Julien

Climate change issues have come to the forefront of international diplomacy and will increasingly dominate policy discussions, both within our countries and among them.1 New Zealand, like the EU, has engaged with the battle on climate change and is currently grappling with the complexities of putting in place an emissions trading scheme. The aim of this article is, first, to explain how the EU is contributing to the fight against climate change. In particular, I want to highlight how we already differentiate efforts within the EU among member states and different sectors, setting a real example of what could be done. Then I wish to outline some core elements for global burden sharing to be negotiated at the Copenhagen conference to be held under the United Nations Framework Convention on Climate Change in late 2009.


2019 ◽  
Author(s):  
Kaitlin Luna ◽  
Kim Mills ◽  
Brian Dixon ◽  
Marcel de Sousa ◽  
Christine Roland Levy ◽  
...  

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