By Rosemary Irving and Rosa Hill, University of Canterbury
Rosie and Rosa are undergraduate students. They won the Motu Environment Economics Essay prize in 2017. You can find out more information about Motu's proposal for the Emissions Trading Scheme (ETS) and our wider ETS work.
|Rosie Irving and Rosa Hill|
Economic Rationale: How an Emissions Trading Scheme Works
|Figure 1: Command-and-control (equal |
| Figure 2: Emissions trading scheme |