Source: New Zealand Government
The Government will maintain existing Emissions Trading Scheme (ETS) unit settings, delivering stability and certainty for the market, Climate Change Minister Simon Watts announced today.
The decisions follow consultation on draft settings.
“A stable ETS is key to delivering the emissions reductions required to meet our targets. These settings provide the certainty participants need to plan for the future,” Mr Watts says.
“The settings announced today are consistent with ensuring New Zealand remains on track to meet our emissions budgets and targets. This approach aligns with advice from the Climate Change Commission, supports our targets, and helps maintain confidence in the ETS.
“The Government will extend the current auction floor price, the cost containment reserve price, and current reserve volume of New Zealand units in the ETS until 2031, instead of just to 2030.
“Alongside these decisions, a number of minor regulatory changes consulted on will also be progressed.
“These changes will take effect from 1 January 2027.”
Original source: https://nz.mil-osi.com/2026/08/05/stable-settings-to-maintain-ets-certainty/