Market Closed

17 Jan 2019 22:17:56

Is No News Good News?

Posted: 05 Oct 2016

An Update on the ETS Review released today appears to indicate that while policy-makers are flat-out on some big issues, no particular progress has been made on formal policy proposals.  Uncertainty continues over the future application of auctioning, and on how New Zealand will re-open the doors to international markets.  A summary of submissions made is available here and policy proposals are now expected to be developed "informally" in consultation with stakeholders, with legislative change, if any, not due until 2018.