Data shows big drop in NZ emitters using fixed price option for ETS compliance

Published 10:15 on August 13, 2020  /  Last updated at 00:35 on August 14, 2020  /  Asia Pacific, New Zealand  /  No Comments

New Zealand ETS participants used the NZ$25 fixed price option to meet around 21% of their total compliance obligations for 2019, EPA data showed Thursday, down from 51% the previous year and indicating a drop in surplus allowances carried into the next year.

New Zealand ETS participants used the NZ$25 fixed price option to meet around 21% of their total compliance obligations for 2019, EPA data showed Thursday, down from 51% the previous year and indicating a drop in surplus allowances carried into the next year.

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