Asia Pacific > New Zealand adopts contested CO2 auction reserve price mechanism

New Zealand adopts contested CO2 auction reserve price mechanism

Published 09:17 on March 11, 2021  /  Last updated at 01:15 on March 15, 2021  / /  Asia Pacific, New Zealand

New Zealand lawmakers have adopted a confidential reserve price mechanism for carbon permit auctions that observers say creates greater uncertainty and adds unnecessary risk of a failed sale.
New Zealand lawmakers have adopted a confidential reserve price mechanism for carbon permit auctions that observers say creates greater uncertainty and adds unnecessary risk of a failed sale.


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