This consultation is on annual updates to the New Zealand Emissions Trading Scheme (NZ ETS) unit settings for the period 2024–28.
NZ ETS limit and auction price control settings for units are set in regulations for five years in advance. These need to be reconsidered, and added to, every year. This is the third year that these settings will be updated since they were prescribed in regulations in 2020.
This consultation seeks feedback from mandatory and opt-in participants in the NZ ETS, and anyone with an interest in the regulatory framework of the NZ ETS.
Consultation closed on 16 June 2023.
Find out more and have your say.
Correction note: This document was first published on 19 May 2023. An updated version was published on 24 May 2023 to correct minor errors in the calculation of some figures in table 13: Auction reserve price under each option and table 16: Cost containment reserve trigger price options. The relevant numbers have now been corrected and do not materially affect the options presented.
This consultation is on annual updates to the New Zealand Emissions Trading Scheme (NZ ETS) unit settings for the period 2024–28.
NZ ETS limit and auction price control settings for units are set in regulations for five years in advance. These need to be reconsidered, and added to, every year. This is the third year that these settings will be updated since they were prescribed in regulations in 2020.
This consultation seeks feedback from mandatory and opt-in participants in the NZ ETS, and anyone with an interest in the regulatory framework of the NZ ETS.
Consultation closed on 16 June 2023.
Find out more and have your say.
Correction note: This document was first published on 19 May 2023. An updated version was published on 24 May 2023 to correct minor errors in the calculation of some figures in table 13: Auction reserve price under each option and table 16: Cost containment reserve trigger price options. The relevant numbers have now been corrected and do not materially affect the options presented.