{"id":"https://openalex.org/W2995180635","doi":"https://doi.org/10.1080/14693062.2019.1699773","title":"The New Zealand Emissions Trading Scheme: critical review and future outlook for three design innovations","display_name":"The New Zealand Emissions Trading Scheme: critical review and future outlook for three design innovations","publication_year":2019,"publication_date":"2019-12-19","ids":{"openalex":"https://openalex.org/W2995180635","doi":"https://doi.org/10.1080/14693062.2019.1699773","mag":"2995180635"},"language":"en","primary_location":{"id":"doi:10.1080/14693062.2019.1699773","doi":"https://doi.org/10.1080/14693062.2019.1699773","is_oa":false,"landing_page_url":"https://doi.org/10.1080/14693062.2019.1699773","pdf_url":null,"source":{"id":"https://openalex.org/S113876312","display_name":"Climate Policy","issn_l":"1469-3062","issn":["1469-3062","1752-7457"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-class-a","anvur-scientific","cwts-core","dongbi-b","jufo-2","ki-jl-1","norway-1","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Climate Policy","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5028768686","display_name":"Catherine Leining","orcid":"https://orcid.org/0000-0003-3932-5825","observed_orcids":["https://orcid.org/0000-0003-3932-5825"]},"institutions":[{"id":"https://openalex.org/I65321883","display_name":"Motu Economic and Public Policy Research","ror":"https://ror.org/03zdy0d17","country_code":"NZ","type":"nonprofit","lineage":["https://openalex.org/I65321883"]}],"countries":["NZ"],"is_corresponding":true,"raw_author_name":"Catherine Leining","raw_affiliation_strings":["Motu Economic and Public Policy Research, Wellington, New Zealand"],"raw_orcid":"https://orcid.org/0000-0003-3932-5825","affiliations":[{"raw_affiliation_string":"Motu Economic and Public Policy Research, Wellington, New Zealand","institution_ids":["https://openalex.org/I65321883"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5019814875","display_name":"Suzi Kerr","orcid":"https://orcid.org/0000-0002-4730-8761","observed_orcids":["https://orcid.org/0000-0002-4730-8761"]},"institutions":[{"id":"https://openalex.org/I1298723799","display_name":"Environmental Defense Fund","ror":"https://ror.org/02tj7r959","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1298723799"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Suzi Kerr","raw_affiliation_strings":["Environmental Defense Fund, New York City, NY, USA"],"raw_orcid":"https://orcid.org/0000-0002-4730-8761","affiliations":[{"raw_affiliation_string":"Environmental Defense Fund, New York City, NY, USA","institution_ids":["https://openalex.org/I1298723799"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5006671172","display_name":"Bronwyn Bruce-Brand","orcid":"https://orcid.org/0000-0002-0494-0134","observed_orcids":["https://orcid.org/0000-0002-0494-0134"]},"institutions":[{"id":"https://openalex.org/I65321883","display_name":"Motu Economic and Public Policy Research","ror":"https://ror.org/03zdy0d17","country_code":"NZ","type":"nonprofit","lineage":["https://openalex.org/I65321883"]}],"countries":["NZ"],"is_corresponding":false,"raw_author_name":"Bronwyn Bruce-Brand","raw_affiliation_strings":["Motu Economic and Public Policy Research, Wellington, New Zealand"],"raw_orcid":"https://orcid.org/0000-0002-0494-0134","affiliations":[{"raw_affiliation_string":"Motu Economic and Public Policy Research, Wellington, New Zealand","institution_ids":["https://openalex.org/I65321883"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5028768686"],"corresponding_institution_ids":["https://openalex.org/I65321883"],"apc_list":null,"apc_paid":null,"fwci":9.6838,"has_fulltext":false,"cited_by_count":67,"citation_normalized_percentile":{"value":0.97953035,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":96,"max":100},"biblio":{"volume":"20","issue":"2","first_page":"246","last_page":"264"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13756","display_name":"International Environmental Law and Policies","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2308","display_name":"Management, Monitoring, Policy and Law"},"field":{"id":"https://openalex.org/fields/23","display_name":"Environmental Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T12033","display_name":"Agricultural Economics and Policy","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1100","display_name":"General Agricultural and Biological Sciences"},"field":{"id":"https://openalex.org/fields/11","display_name":"Agricultural and Biological Sciences"},"domain":{"id":"https://openalex.org/domains/1","display_name":"Life Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/new-zealand-emissions-trading-scheme","display_name":"New Zealand Emissions Trading Scheme","score":0.9959999918937683},{"id":"https://openalex.org/keywords/emissions-trading","display_name":"emissions trading","score":0.6890000104904175},{"id":"https://openalex.org/keywords/eu-emissions-trading-system","display_name":"EU Emissions Trading System","score":0.7639999985694885},{"id":"https://openalex.org/keywords/sectoral-coverage","display_name":"sectoral coverage","score":0.7009999752044678},{"id":"https://openalex.org/keywords/cost-containment","display_name":"cost containment","score":0.5809999704360962},{"id":"https://openalex.org/keywords/auctioning","display_name":"auctioneering","score":0.5040000081062317},{"id":"https://openalex.org/keywords/pricing-management","display_name":"price management","score":0.5199999809265137},{"id":"https://openalex.org/keywords/kyoto-protocol","display_name":"Kyoto Protocol","score":0.5720000267028809},{"id":"https://openalex.org/keywords/paris-agreement","display_name":"Paris Agreement","score":0.9169999957084656},{"id":"https://openalex.org/keywords/land-sector","display_name":"land sector","score":0.4359999895095825},{"id":"https://openalex.org/keywords/policy-uncertainty","display_name":"policy uncertainty","score":0.5419999957084656},{"id":"https://openalex.org/keywords/new-zealand","display_name":"New Zealand","score":0.5410000085830688}],"concepts":[{"id":"https://openalex.org/C100405246","wikidata":"https://www.wikidata.org/wiki/Q8348417","display_name":"Emissions trading","level":3,"score":0.917926549911499},{"id":"https://openalex.org/C169402504","wikidata":"https://www.wikidata.org/wiki/Q535536","display_name":"Clean Development Mechanism","level":3,"score":0.6326773762702942},{"id":"https://openalex.org/C99743013","wikidata":"https://www.wikidata.org/wiki/Q47359","display_name":"Kyoto Protocol","level":3,"score":0.5722711086273193},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.5519338846206665},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4654565453529358},{"id":"https://openalex.org/C2910001868","wikidata":"https://www.wikidata.org/wiki/Q458","display_name":"European union","level":2,"score":0.43692541122436523},{"id":"https://openalex.org/C2776780212","wikidata":"https://www.wikidata.org/wiki/Q14785280","display_name":"Marginal abatement cost","level":3,"score":0.4295985698699951},{"id":"https://openalex.org/C47737302","wikidata":"https://www.wikidata.org/wiki/Q167336","display_name":"Greenhouse gas","level":2,"score":0.3937642276287079},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3933522701263428},{"id":"https://openalex.org/C175605778","wikidata":"https://www.wikidata.org/wiki/Q3299701","display_name":"Natural resource economics","level":1,"score":0.3286430835723877},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.322173535823822},{"id":"https://openalex.org/C155202549","wikidata":"https://www.wikidata.org/wiki/Q178803","display_name":"International trade","level":1,"score":0.3095436692237854},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.10041514039039612},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/14693062.2019.1699773","doi":"https://doi.org/10.1080/14693062.2019.1699773","is_oa":false,"landing_page_url":"https://doi.org/10.1080/14693062.2019.1699773","pdf_url":null,"source":{"id":"https://openalex.org/S113876312","display_name":"Climate Policy","issn_l":"1469-3062","issn":["1469-3062","1752-7457"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-class-a","anvur-scientific","cwts-core","dongbi-b","jufo-2","ki-jl-1","norway-1","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Climate Policy","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:tcpoxx:v:20:y:2020:i:2:p:246-264","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/14693062.2019.1699773","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Climate action","id":"https://metadata.un.org/sdg/13","score":0.9786999821662903}],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":21,"referenced_works":["https://openalex.org/W572305015","https://openalex.org/W1954309253","https://openalex.org/W1985626856","https://openalex.org/W2007220802","https://openalex.org/W2017741461","https://openalex.org/W2031166855","https://openalex.org/W2091400917","https://openalex.org/W2126416729","https://openalex.org/W2141231637","https://openalex.org/W2462620945","https://openalex.org/W2508047156","https://openalex.org/W2565127500","https://openalex.org/W2724520624","https://openalex.org/W2800003704","https://openalex.org/W2806903974","https://openalex.org/W2892256730","https://openalex.org/W2938664251","https://openalex.org/W3124236760","https://openalex.org/W3170999623","https://openalex.org/W4285719527","https://openalex.org/W4389701352"],"related_works":["https://openalex.org/W2413572348","https://openalex.org/W2608076826","https://openalex.org/W631490643","https://openalex.org/W4391074317","https://openalex.org/W2608454185","https://openalex.org/W4224215733","https://openalex.org/W2091400917","https://openalex.org/W2946984838","https://openalex.org/W1904858697","https://openalex.org/W4296805249"],"abstract_inverted_index":{"The":[0,81,215],"New":[1,169,329],"Zealand":[2],"Emissions":[3,74],"Trading":[4,75],"Scheme":[5],"(NZ":[6],"ETS)":[7],"broke":[8],"new":[9,317],"ground":[10],"in":[11,226,297],"ETS":[12,83,131,249,326],"design.":[13],"Drawing":[14],"from":[15,204,274],"analysis":[16],"of":[17,41,45,63,89,217,239,268,301,343],"core":[18,98],"policy":[19,243,311],"documentation,":[20],"this":[21],"paper":[22],"examines":[23],"the":[24,43,60,71,87,101,129,164,173,201,205,210,218,236,247,307,324,340,344],"rationale,":[25],"outcomes,":[26],"and":[27,52,77,96,159,177,185,208,225,261,282,305,316],"outlook":[28],"for":[29,142,293],"three":[30],"key":[31],"innovations":[32],"\u2013":[33,58],"broad":[34,253],"sectoral":[35,155],"coverage":[36],"with":[37,70,92,114,257,264],"some":[38],"upstream":[39,258],"points":[40],"obligation,":[42],"absence":[44],"a":[46,53,97,124,127,134,298],"hard":[47],"limit":[48],"on":[49,314],"system":[50,165],"emissions,":[51],"two-part":[54],"cost":[55,283],"containment":[56,284],"mechanism":[57],"following":[59],"first":[61],"decade":[62],"operation.":[64],"It":[65],"also":[66],"provides":[67],"comparative":[68],"assessment":[69],"European":[72],"Union":[73],"System":[76],"California":[78],"Cap-and-Trade":[79],"Program.":[80],"NZ":[82,130,219,248,325],"was":[84],"designed":[85],"around":[86],"principle":[88],"least-cost":[90],"compliance":[91],"international":[93],"responsibility":[94],"targets":[95,171],"assumption":[99,120],"that":[100,233],"Kyoto":[102],"Protocol":[103],"emissions":[104,212,240,255,271],"market":[105,138,288,308],"would":[106],"converge":[107],"toward":[108],"an":[109],"efficient":[110],"emission":[111,303,332],"price":[112,160,318],"aligned":[113],"rising":[115],"global":[116],"mitigation":[117,144,193,202],"ambition.":[118],"This":[119],"did":[121],"not":[122],"become":[123],"reality.":[125],"As":[126],"result,":[128],"has":[132,250,290],"produced":[133],"functional":[135],"cross-sector":[136,254],"trading":[137,241,256],"but":[139,335],"little":[140],"incentive":[141],"domestic":[143,192,294,331],"to":[145,153,189,222,228,278,286,309,327],"date.":[146],"In":[147],"late":[148],"2019,":[149],"amendments":[150],"were":[151],"introduced":[152],"reform":[154],"coverage,":[156],"unit":[157,280],"supply,":[158],"management":[161,319],"features":[162,320],"so":[163],"will":[166,321],"better":[167,322],"support":[168,328],"Zealand's":[170,330],"under":[172],"2015":[174],"Paris":[175],"Agreement":[176],"2019":[178],"Zero":[179],"Carbon":[180],"Act.":[181],"However,":[182],"substantial":[183],"technical":[184],"political":[186],"challenges":[187],"remain":[188,338],"set":[190],"near-term":[191],"ambition,":[194],"phase":[195],"out":[196],"industrial":[197],"free":[198],"allocation,":[199],"determine":[200],"contribution":[203],"land":[206,345],"sector,":[207],"design":[209],"agricultural":[211,270],"pricing":[213],"regime.":[214],"evolution":[216],"ETS,":[220],"relative":[221],"other":[223],"systems":[224],"response":[227],"national":[229],"circumstances,":[230],"offers":[231],"insights":[232,244],"can":[234],"inform":[235],"future":[237,341],"development":[238],"globally.Key":[242],"Since":[245],"2008,":[246],"successfully":[251],"pioneered":[252],"energy-sector":[259],"obligations":[260,263],"deforestation":[262],"afforestation":[265],"crediting.":[266],"Pricing":[267],"biogenic":[269],"is":[272],"anticipated":[273],"2025.The":[275],"government's":[276],"failure":[277],"adapt":[279],"supply":[281],"mechanisms":[285],"changing":[287],"conditions":[289],"undermined":[291],"incentives":[292],"mitigation,":[295],"resulted":[296],"large":[299],"bank":[300],"participant-held":[302],"units,":[304],"subjected":[306],"long-term":[310],"uncertainty.A":[312],"cap":[313],"auctioning":[315],"equip":[323],"reduction":[333],"targets,":[334],"strategic":[336],"questions":[337],"about":[339],"role":[342],"sector.":[346]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":7},{"year":2024,"cited_by_count":11},{"year":2023,"cited_by_count":16},{"year":2022,"cited_by_count":17},{"year":2021,"cited_by_count":7},{"year":2020,"cited_by_count":7}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2019-12-26T00:00:00"}
