CO2 Management > CCUS > New Zealand’s only CCS project could be dropped due to insufficient carbon price

New Zealand’s only CCS project could be dropped due to insufficient carbon price

Published 12:56 on May 19, 2025 / Last updated at 12:56 on May 19, 2025 / / Asia Pacific (Compliance Markets & Taxes, Pacific), CO2 Management (CCUS)

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New Zealand is set to abandon its only carbon capture and storage (CCS) project after proponent Todd Energy said the economics don’t stack up as rules currently stand, despite a NZ$50 ($39) carbon price, Radio New Zealand (RNZ) reported Monday.
New Zealand is set to abandon its only carbon capture and storage (CCS) project after proponent Todd Energy said the economics don’t stack up as rules currently stand, despite a NZ$50 ($39) carbon price, Radio New Zealand (RNZ) reported Monday.


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