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.
Yes, New Zealand was the first country to implement a carbon tax. Households and companies pay this tax.
Click here to cancel reply.
Sorry,At this time user registration is disabled. We will open registration soon!
Don't have an account? Click Here to Signup
© Copyright GreenAnswers.com LLC