Carbon prices: what goes up must come down

Carbon prices: what goes up must come down
The shockwaves from Russia's invasion of Ukraine stretched as far as NZ's carbon market. (Image: Getty)
Ian Llewellyn
Global economic anxieties finally hit New Zealand carbon prices in recent weeks, just ahead of the first auction this year.The price of New Zealand Units (NZUs) on the secondary market has been on an almost relentless march upwards in the last two years.Under the Emissions Trading Scheme (ETS), those who emit greenhouse gases are required to surrender the equivalent of NZUs, which are a proxy for a tonne of carbon. On the other hand, those who plant forests earn NZUs for the carbon soaked up.The market is subject to a plethora of rules, but sin...

More Markets

How Sharesies is providing ‘patient’ capital for listeds
Finance

How Sharesies is providing ‘patient’ capital for listeds

The online platform is being tapped for bookbuilds and dividend reinvestment plans.

NZX rallies 0.87% as tariff uncertainty eases
Markets Market Close

NZX rallies 0.87% as tariff uncertainty eases

Skellerup bounced 4.11% as investors digested easing tariffs. 

Gregor Thompson 13 May 2025
Flick not profitable before $70m sale to Meridian
Markets

Flick not profitable before $70m sale to Meridian

After eight years of trying in electricity retailing, Z throws in the towel.

Ian Llewellyn 13 May 2025
Vista to take 25 Picturehouse Cinema sites to the cloud in 2025
Markets

Vista to take 25 Picturehouse Cinema sites to the cloud in 2025

The listed cinema software firm has its AGM on May 21.