Article: NEW ZEALAND: EMISSIONS TRADING ALSO GOOD FOR AIR, WATER, LAND

The government of New Zealand issued the following news release:

An independent report finds the New Zealand Emissions Trading Scheme will produce important benefits for air, water and land, as well as for the climate. There will also be some challenges to manage.

Climate Change Minister David Parker says he welcomes the report, prepared by a team led by the Cawthron Institute. The report identifies the high-level environmental impacts of the emissions trading scheme and associated policies, ways to deal with these impacts, and terms of reference for further environmental assessment work.

"The report points out that actions taken under the scheme to reduce domestic greenhouse gas ...

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