Record number of New Zealand emitters pay fixed price option

Published 10:39 on July 14, 2021  /  Last updated at 10:39 on July 14, 2021  /  Asia Pacific, New Zealand  /  No Comments

More than 80% of companies in New Zealand’s emissions trading scheme paid the NZ$35 fixed price option (FPO) instead of surrendering allowances for 2020 compliance, according to EPA data, saddling the government with another 30 million surplus NZUs to digest.

More than 80% of companies in New Zealand’s emissions trading scheme paid the NZ$35 fixed price option (FPO) instead of surrendering allowances for 2020 compliance, according to EPA data, saddling the government with another 30 million surplus NZUs to digest.

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