Participating in the ETS

As a Participant in the New Zealand Emissions Trading Scheme there are certain obligations you must meet.

Participants in the New Zealand Emissions Trading Scheme (ETS) are required to meet a number of obligations in the scheme. This page provides guidance to help participants ensure they are fulfilling all of these requirements. There's also some information about other elements of the Scheme.

Changes to the CCRA legislation and the application of the Fixed Price Option

Recent changes to the Climate Change Response Act 2002 (CCRA) mean that in some instances the Fixed Price Option (FPO) rate has changed from $25 per unit to $35 per unit. If you have any queries about which rate to use for an upcoming obligation, please get in touch with us and provide as much background for your situation as possible and we will get in contact with you.

You can email us at emissionstrading@epa.govt.nz 

Key dates in the ETS

  • 31 January: Unique Emissions Factor (UEF) applications need to be completed in the Register by 31 January.
  • 31 March: emissions reporting for the previous calendar year will open on 1 January each year, and all participants will need to submit an Annual Emissions Return by 31 March.
  • 30 April: Industrial Allocation applications can be submitted at any time from 1 January and must be completed in the Register by 30 April.
  • 31 May: participants must surrender the emission unit obligations calculated in their Annual Emissions Return by 31 May each year.

Emissions reporting

Information on when and how to submit an emissions return.

Surrendering units

Some participants are required to acquire and surrender New Zealand Units to meet their ETS obligations. Find out what you need to do.

Compliance in the ETS

As a participant in the ETS there are obligations which you must meet. Find out what you need to do to ensure you comply.

Unique Emissions Factors

This page provides information for participants looking to obtain a Unique Emissions Factor (UEF).

Removal activities

If you carry out an activity that removes greenhouse gases from the atmosphere, you might be eligible to receive New Zealand Units.

Third party security interests

Account Holders can authorise a third party to create a security interest over their New Zealand Units.