Climate Change (Auctions, Limits, and Price Controls for Units) Regulations 2020

Schedule 3 Limits and price control settings

rr 14, 15

Limits

Column 1Column 2Column 3Column 4
Calendar yearNew Zealand units available by auction
(millions)
Approved overseas units used
(millions)
Overall limit on units
(millions)
202226.30.034.5
202325.60.034.5
202425.00.032.9
202523.30.029.6
202621.70.027.9

Price control settings

Column 1Column 2Column 3Column 4
Calendar yearMinimum price below which units must not be sold by auction
($)
Trigger price for sale of reserve amount of New Zealand units
($)
Reserve amount of New Zealand units
(millions)
202230.0070.007.0
202332.1078.407.0
202434.3587.817.0
202536.7598.346.8
202639.32110.156.7

Schedule 3: amended, on 1 January 2022, by regulation 4 of the Climate Change (Auctions, Limits, and Price Controls for Units) Amendment Regulations 2021 (LI 2021/290).

Michael Webster,
Clerk of the Executive Council.