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The New Zealand Emissions Trading Scheme (ETS) imposes a cap on greenhouse gas (GHG) emissions for all main emitting sectors except agriculture, which accounts for almost half of New Zealand's GHG emissions

 1. Is the sector exclusion from the ETS efficient? (Think about what the relevant diagram would need to look like to justify the level of abatement required of the sector make sure to draw the diagram) 

2. What does the exclusion of agriculture from the ETS imply in terms of the level of abatement required of the sector?

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Chika Ilonah
Chika IlonahLv10
29 Sep 2019

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