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Have officials advised the Minister on the risks to New Zealand's economy caused by volatile price spikes due to a potential NZU shortfall, if so, what were these risks?

Answered Question 17668 (2026)
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Asked by

Chlöe Swarbrick

Member for Auckland Central · Green Party

Question

  • Have officials advised the Minister on the risks to New Zealand's economy caused by volatile price spikes due to a potential NZU shortfall, if so, what were these risks?

Answered by

Hon Simon Watts

Member for North Shore · National Party · Minister of Climate Change

Answer

Officials regularly provide me with advice on the NZ ETS, including advice as part of the annual ETS Settings process. In their advice they outline a range of risks. This advice is market sensitive and will be proactively released when appropriate.