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...

This article was also picked up by Carbon Pulse.