NZX and EEX to provide emissions auctions for NZ government

Rebecca Howard
Wed, 21 Oct 2020

The NZX and the European Energy Exchange will develop and operate a managed auction service for the New Zealand Emissions Trading Scheme, a key tool for meeting domestic and international climate policy targets.The NZ ETS puts a price on greenhouse gas emissions and the primary unit of trade is the New Zealand Unit, also called a carbon credit. NZUs are scheduled to become auctionable from March 2021 to align the supply of units in the scheme with NZ’s emission reduction targets.According to the Ministry for the Environment, the gov...

Try free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
A custom library of your saved stories
An industry-leading search engine
Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Support quality New Zealand journalism by subscribing today.

Find out more

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Policy

Use quake-style powers to speed house-building: Collins

Staff reporters | Tue, 26 Jan 2021

More houses were built in the Canterbury region than any other part of the country in the last decade, thanks to quake-related powers.

Markets

Vaccines to curb F&P Healthcare sales

Dan Brunskill | Tue, 26 Jan 2021

Fisher & Paykel Healthcare's shares were up 10 percent last week but a Forsyth Barr analyst thinks demand is about to slow.

Property

Housing market "defying logic" says Oceania

Jenny Ruth | Tue, 26 Jan 2021

Demand for units last week was "extraordinary."

NZX and EEX to provide emissions auctions for NZ government

Not convinced yet?

Your company has a subscription

Team