New Zealand is set to ban two types of international emissions units from its emissions trading scheme (ETS).
The move follows similar decisions by the EU and Australia and will assist plans to link the schemes.
New Zealand Climate Change Minister Tim Groser said the restriction was due to concerns over their environmental integrity.
“We are banning international units generated from industrial gas destruction projects and large hydropower projects that do not meet World Commission on Dams guidelines. This change is about ensuring the environmental integrity of the New Zealand Emissions Trading Scheme is maintained,” Mr Groser said.
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