Carbon prices continue their slide

Carbon prices continue their slide
Climate change minister James Shaw was warned by Treasury about sky-rocketing carbon price fears. (Source: BusinessDesk)
Ian Llewellyn
Carbon prices have continued to slump, with one trading platform saying ongoing uncertainty could mean a “defensive” market for a while.On Monday afternoon, New Zealand Units (NZUs – the equivalent of one tonne of carbon) in the Emissions Trading Scheme (ETS) last traded as low as $48 on one secondary market, $54 on another and $56 on a third.This is down from the peak of $88.50 in November, before Cabinet announced it would not be following the advice of the Climate Change Commission on ETS settings. The recent anno...

More Policy

Fast-track legal fight over Tauranga wharf extension
Policy

Fast-track legal fight over Tauranga wharf extension

Bay of Plenty hapū seek High Court intervention to stop expert panel being set up.

Oliver Lewis 23 Jul 2025
Contractor costs climb as Scott Base spend tops $143m
Policy

Contractor costs climb as Scott Base spend tops $143m

Antarctica NZ spent $9.3m on contractors in five months this year.

Oliver Lewis 21 Jul 2025
Simmonds bins official advice on waste policy
Policy

Simmonds bins official advice on waste policy

Officials pushed for planned targets, bans and mandates. Simmonds overruled them.

Cécile Meier 18 Jul 2025
Banks class action: the lawyers blinked first
Policy Opinion

Pattrick Smellie: Banks class action: the lawyers blinked first

Class action funders show their hand with pre-emptive settlement offer.

Pattrick Smellie 17 Jul 2025