News » Why NZ’s emissions trading scheme should have an auction reserve price
Why NZ’s emissions trading scheme should have an auction reserve price
Sep 18, 2018
Catherine Leining and Suzi Kerr discuss how a price floor works and why the New Zealand Emissions Trading Scheme needs one in The Conversation.
"If we want to make a smart transition to a low-emission economy, we need to change how we value emissions so people make the investments that deliver on our targets. Implementing a reserve price at auction – or a “price floor” – is a powerful tool for managing the risk that emission prices could fall for the wrong reasons and undermine much needed low-emission investments." more...