NZ carbon price breaks through $20, seen rising higher

Wed, 06 Dec 2017

By Tina Morrison Dec. 7 (BusinessDesk) - The New Zealand carbon price has broken through the $20 a tonne mark, as it continues its push higher on speculation the new government will lift a cap on the maximum price emitters pay. The price for a New Zealand carbon unit under the Emissions Trading Scheme last traded at $20.25 per tonne on OMF's CommTrade platform, having jumped higher after Green Party leader and climate change minister James Shaw told industry publication Carbon News last week that he believes carbon prices need to be highe...

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