SK Market: KAUs holds above KRW 20,000 despite heightened volatility
South Korea’s emissions market has maintained firm support above the KRW 20,000 ($13.16) level over the past two weeks, with both spot prices and the latest KAU-25 auction result holding well above that threshold despite sharp price fluctuations.
Read MoreNew Zealand proposes to lower auction volumes even further, says undersupply risk can be managed
The New Zealand government is looking to keep its ETS price controls and settings as is, in line with advice from the Climate Change Commission (CCC), according to a consultation published Friday.
Read MoreINTERVIEW: Thailand’s ETS compliance phase unlikely before 2030 as key market rules remain undecided
Thailand’s parliament is expected to pass its Climate Change Act sometime in 2027, but the planned emissions trading system (ETS) is unlikely to impose compliance obligations until close to 2030, according to a legal expert who said many important design features remain undecided.
Read MoreClimate groups pitch carbon CfD model to strengthen Australia’s industrial emissions cuts
Three climate groups have proposed a financial mechanism to support industrial emissions cuts under Australia’s Safeguard Mechanism, citing it could provide the price certainty needed to unlock capital for large‑scale abatement projects.
Read MoreUPDATE- New Zealand allowance auction declines again
New Zealand’s second government-held auction for the year failed to clear on Tuesday, in line with market expectations.Â
Read MoreNZU holdings fall by 25 mln post surrender deadline, EPA data shows
Private holdings of New Zealand allowances fell by some 25.4 million following the May 31 surrender deadline, according to government data published Monday.Â
Read MoreCN Markets: CEA trading price remains rangebound, analysts forecast June dip
Trading in the Chinese emissions market remained rangebound this past week amid a lack of policy updates, with analysts projecting the bid price to dip below the RMB 80 ($11.81) threshold in June.
Read MoreNZ Market: NZU price tightly rangebound, as another non-event auction looms
New Zealand allowance prices traded tightly this week in the low NZ$50s ($29s), as next week will see another government auction that is unlikely to clear.
Read MoreAU Market: ACCU prices rise 6% year-on-year in May as compliance activity solidifies
Australian carbon prices steadily climbed to higher levels last month, thanks to consistent compliance activity that suggests a maturing market, according to intelligence companies.
Read MoreNZ climate minister at odds with ministry over ETS setting updates, documents show
Cabinet documents published Thursday showed a rift between New Zealand’s climate minister and his ministry over how often the country’s ETS price controls and settings should be updated.
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