Market Closed

29 Mar 2024 00:59:58

The State of Things...

Posted: 26 May 2022

Over the last week, as the market digested the release of the ERP and further details set out in Budget 22, NZUs have firmed ever so slightly, last trading on Carbon Match at $77.20.

Many commentators have noted the steep increase in carbon costs - NZUs have more than doubled in price since this time last year.

We are not alone - as highlighted in the World Bank's 2022 State and Trends of Carbon Pricing report, released yesterday, many schemes have experienced record prices, including the EU ETS, California, and South Korea, among others.

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