Between 12 November and 19 December 2019, the Government consulted on a set of proposals to set the rules for auctioning in the New Zealand Emissions Trading Scheme (NZ ETS). These proposals were presented in the consultation Reforming the New Zealand Emissions Trading Scheme: rules for auctioning. Following the introduction of the Climate Change (Emissions Trading Reform) Amendment Bill to Parliament in October 2019, these proposals were a part of the next stage of reforms to the scheme. The proposals focus on the technical rules for auctioning only and do not include proposals for NZ ETS settings such as auction volumes or price controls.
This document provides a summary of the 47 written submissions received on the proposals.