The Government says it's reinstating confidence in the Emissions Trading Scheme.
It comes as the Climate Commission's calls for carbon credits to stay the same price, to maintain stability.
Climate Change Minister Simon Watts told Mike Hosking while some carbon credit auctions haven't taken off, things are improving on other years.
He says the previous Government was getting too involved and causing volatility, but he's turning things around.
He says the Commission's told the Government its changes are working well, and it can keep its hand off the tiller.
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The Mike Hosking Breakfast