NZ ETS settings and auctioning rules announced

Friday 5 Jun 2020

Following recent public consultation, New Zealand’s Minister for Climate Change, has announced New Zealand Emissions Trading Scheme (NZ ETS) settings and auctioning rules. The announcements include setting a provisional emissions budget, the NZ ETS cap, and price control settings. The Hon James Shaw has also announced that the fixed price option will be extended to cover 2020 activities and increase to NZ$35.

You can read the press release on the Beehive website.

You can read more about the content of the changes on the MFE website

Source: Ministry for the Environment

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