Radio New Zealand: The Emissions Trading Scheme (ETS) is New Zealand's main tool to help the country reduce greenhouse gas emissions and move to a low-carbon economy, and it is up for review.
But it is a complex beast, and the way it is currently set out will have little impact on reducing emissions according to the government, which is why it needs to change.
What exactly is the ETS?
The ETS limits greenhouse gas emissions, by requiring that tonnes of carbon emitted by certain sectors of the economy such...