Emissions Trading Scheme settings and regulations updated

News
Written By Ross Holden

The Government has announced how many New Zealand Emissions Trading Scheme (ETS) units will be available for auction and price controls for the next five years. 

Key decisions include:

  • reduced number of units (NZUs) available for auction 

  • auction floor price, cost containment reserve price and volume to stay substantially the same (only adjusted for inflation and extended to 2029)

  • changes to units available for auction to take effect in 2025.

Ross Holden
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