1.0Ecosystem Marketplacehttps://www.ecosystemmarketplace.comNew Zealand Seeks to Reform a Floundering ETSrich600338<blockquote class="wp-embedded-content" data-secret="9uN6gkiex6"><a href="https://www.ecosystemmarketplace.com/articles/new-zealand-seeks-to-reform-a-floundering-emissions-trading-program/">New Zealand Seeks To Reform A Floundering Emissions Trading Program</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.ecosystemmarketplace.com/articles/new-zealand-seeks-to-reform-a-floundering-emissions-trading-program/embed/#?secret=9uN6gkiex6" width="600" height="338" title="“New Zealand Seeks To Reform A Floundering Emissions Trading Program” — Ecosystem Marketplace" data-secret="9uN6gkiex6" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://www.ecosystemmarketplace.com/wp-content/uploads/2015/12/Screen-Shot-2015-12-17-at-5.00.25-PM.png10981098As a nation that depends on its natural carbon sinks to meet its greenhouse gas reduction goals, New Zealand was the only developed country to make its international climate pledge conditional on the inclusion of carbon markets in the Paris agreement. But at home, forest carbon has struggled to sell in New Zealand’s Emissions Trading Scheme, facing crushingly low prices and oversupply. A new discussion paper offers opportunity for reform.