Proposed changes to NZ ETS limit and price control settings for units for 2022

Closed 6 Oct 2022

Opened 8 Sep 2022

Overview

Unit settings are updated annually to ensure the NZ ETS remains an effective tool to reduce greenhouse gas emissions.

We sought feedback on the impacts of proposed changes, including the Climate Change Commission's recommendations, on price controls and unit settings for New Zealand Units.

Read the consultation document [PDF, 812 KB]

Webinars

We hosted two webinars where participants had an opportunity to hear more about the proposals and ask questions.

View the webinar slides [PDF, 955 KB]

View the questions and answers from the webinars [PDF, 176KB]

What happens next

This consultation closed on 6 October 2022.

Once we have considered submissions, we will put final proposals to the Minister of Climate Change and Cabinet for approval. Following Cabinet approval, any new regulations or amendments to existing regulations will be published in the New Zealand Gazette by late December 2022 and come into force from 1 January 2023.