Does New Zealand have a carbon tax?



  1. 0 Votes

    In 2008, New Zealand adopted the Emissions Trading Scheme, which puts a price on greenhouse emissions and charged companies for these emissions while conducting certain activities. In this scheme, units called NZU’s are traded. One NZU earns a company the right to freely emit one ton of carbon dioxide or greenhouse gasses. NZU’s can be paid for or earned from the NZ government for doing something to reduce carbon dioxide emissions, such as owning a forest.

  2. 0 Votes

    Yes, New Zealand was the first country to implement a carbon tax. Households and companies pay this tax. 

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