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

The Climate Change (Auctions, Limits, and Price Controls for Units) Regulations 2020 are a set of regulations established under the Climate Change Response Act 2002 in New Zealand. These regulations aim to address climate change issues by implementing measures related to auctions, limits, and price controls for units. The regulations outline the process for conducting auctions, determining auction results, setting limits on units available for auction, and establishing price control settings. Key components of the regulations include restrictions on the disclosure of bids, the methodology for calculating confidential reserve prices for auctions, and the allocation of New Zealand units available by auction. The text consists of 37 Articles and has 3 Schedules.