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Has the Minister received any advice from officials on the risks, if any, of a NZU shortfall in the late 2020s, if so, what was this advice?

Answered Question 17672 (2026)
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Asked by

Chlöe Swarbrick

Member for Auckland Central · Green Party

Question

  • Has the Minister received any advice from officials on the risks, if any, of a NZU shortfall in the late 2020s, if so, what was this advice?

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, including potential over and under supply of NZUs in the NZ ETS market. This advice is market sensitive and will be proactively released in due course.