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22 Apr 2021 14:48:17

Bill to enable confidential reserve price in NZ ETS auctions

Posted: 09 Feb 2021

Hon James Shaw presented a legislative statement in Parliament today on the Climate Change Response (Auction Price) Amendment Bill.  The Bill is to enable a confidential reserve price to be set for auctions in the New Zealand Emissions Trading Scheme to ensure units sold at auction cannot be sold significantly below the prevailing secondary market price.  Read more here.