LL-006··Labour-led government (Greens confidence & supply)·legislation
ETS confidential reserve price (2021)
Win +1What happened
Climate Change Response (Auction Price) Amendment Act 2021 added confidential reserve price floor for ETS auctions to prevent sales far below secondary market prices.
Why it matters
Reinforces ETS price signal and auction integrity.
Impact assessment
Technical but meaningful strengthening of carbon price floor mechanism.
Limitations: Effect depends on reserve price methodology (confidential).
Attribution
shared (high confidence) -Labour, Greens
Follow-on ETS market governance under Shaw.
Coalition period: Labour-led government (Greens confidence & supply) (17 October 2020 - 26 November 2023)
Categories
governancemitigation