Asia Pacific > New Zealand govt sharply revises down expected future NZU price in emissions plan

New Zealand govt sharply revises down expected future NZU price in emissions plan

Published 02:50 on July 17, 2024  /  Last updated at 02:54 on July 17, 2024  / /  Asia Pacific, New Zealand

Long-term prices in New Zealand’s Emissions Trading Scheme (ETS) could sit at just NZ$50 ($30.35) as the government intends to pursue a least-cost pathway to achieving its climate goals, it said in the draft second Emissions Reduction Plan (ERP) published on Wednesday.
Long-term prices in New Zealand’s Emissions Trading Scheme (ETS) could sit at just NZ$50 ($30.35) as the government intends to pursue a least-cost pathway to achieving its climate goals, it said in the draft second Emissions Reduction Plan (ERP) published on Wednesday.


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