Jiang, Nan; Sharp, Basil; Sheng, Mingyue - In: New Zealand Economic Papers 43 (2009) 1, pp. 69-79
In 2008, New Zealand became the first country to introduce a comprehensive Emissions Trading Scheme that includes all sectors and all gases. While NZ can claim the high ground in the international arena, the emissions trading scheme will impose substantial economic costs and its success will...