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Flow chart of Projected Payments Under the 2009 ETS

The flow chart shown below is a corrected version of Figure 6.5 published in "The Carbon Challenge: New Zealand's Emissions Trading Scheme" by Geoff Bertram and Simon Terry (ISBN 978-1-877242-46-5), and available here. These figures assume a carbon price capped at $25 per tonne whereas the actual price cap was subsequently brought down to $12.50 by the device of requiring only one unit to be surrendered for every two tonnes of emissions.  To account for that adjustment, the values in the flow chart (except for deforestation charges that do not qualify for the 2 for 1 deal) can be halved.

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