New Zealand budget funds ETS reform and carbon exchange, but climate fund slashed due to low NZU price

Published 05:13 on May 18, 2023  /  Last updated at 05:13 on May 18, 2023  / /  Asia Pacific, New Zealand

The New Zealand government has committed a modest amount of cash to design a new regulatory regime for the country’s ETS as well as a centralised exchange for NZU trading in its latest budget, announced Thursday.
The New Zealand government has committed a modest amount of cash to design a new regulatory regime for the country’s ETS as well as a centralised exchange for NZU trading in its latest budget, announced Thursday.


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