New Zealand ups fixed price option, sets inaugural ETS cap

Published 23:12 on June 1, 2020  /  Last updated at 02:06 on June 3, 2020  /  Asia Pacific, New Zealand  /  No Comments

New Zealand on Tuesday confirmed it will increase the fixed price option in its emissions trading scheme to NZ$35 in 2020, and announced a total cap for the market for 2021-25 that has swelled by 9 MtCO2e since its previous proposal.

New Zealand on Tuesday confirmed it will increase the fixed price option in its emissions trading scheme to NZ$35 in 2020, and announced a total cap for the market for 2021-25 that has swelled by 9 MtCO2e since its previous proposal.

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