Asia Pacific > New Zealand to see minor increase in free NZU allocation after govt revises input factor

New Zealand to see minor increase in free NZU allocation after govt revises input factor

Published 02:14 on August 2, 2024  /  Last updated at 02:14 on August 2, 2024  /  Asia Pacific, New Zealand

The New Zealand government on Friday announced a 3.2% increase for 2024 of the Electricity Allocation Factor (EAF), a key figure to determine the amount of CO2 permits that will be handed out to emissions-intensive, trade-exposed (EITEs) industries in the ETS.
The New Zealand government on Friday announced a 3.2% increase for 2024 of the Electricity Allocation Factor (EAF), a key figure to determine the amount of CO2 permits that will be handed out to emissions-intensive, trade-exposed (EITEs) industries in the ETS.


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