Carbon prices bounce in 'Sliding Doors' moment

Carbon prices bounce in 'Sliding Doors' moment
Climate change minister James Shaw's announcement bolstered carbon prices. (Image: NZME)
Ian Llewellyn
Carbon prices bounced up on Wednesday as the market responded to the government’s abrupt change of direction on emissions trading scheme settings.On Tuesday evening, climate change minister James Shaw said the Climate Change Commission’s (CCC) previously disregarded advice on emissions trading scheme (ETS) settings would largely be applied from December onwards.The initial refusal to tighten ETS settings was the start of a series of decisions and moves by the government, which sent secondary market carbon prices from a peak of $88.5...

More Policy

The Great Expectations on Kāinga Ora and KiwiRail
Policy

The Great Expectations on Kāinga Ora and KiwiRail

The Government is continuing to refresh boards and fire up expectations.

Dileepa Fonseka 03 Jul 2024
Jones heads to Oz to woo mining investors
Primary Sector

Jones heads to Oz to woo mining investors

Work has begun on a critical minerals list and stocktake.

Ian Llewellyn 03 Jul 2024
Do quarterly reports deliver? Playing policy snooker, and more...
Policy Business of Government

Do quarterly reports deliver? Playing policy snooker, and more...

Our weekly roundup of public sector news and analysis.

Jem Traylen 03 Jul 2024
Te Pūkenga plans leak before consultation
Policy

Te Pūkenga plans leak before consultation

Te Pūkenga appears to believe a replacement model of regional polytechs is a done deal.

Dileepa Fonseka 03 Jul 2024