Publication date: December 2020
Publication reference number: ME 1005
- describes how auctions operate for the NZ ETS. The first auction is expected to be held in March 2021.
- is based on the Climate Change (Auctions, Limits, and Price Controls for Units) Regulations 2020 (the regulations). These were passed into legislation by Order in Council on 21 September 2020 and come into force on 4 January 2021.
- does not override the regulations, and is not intended to be used instead of the regulations.
- does not provide specific advice or training on the managed auction service that runs auctions on behalf of the government.