Carbon prices rise slightly, but market confidence still shattered

Carbon prices rise slightly, but market confidence still shattered
High carbon prices seem to be driving the planting of trees and not reducing emissions. (Image: Getty)
Ian Llewellyn
Carbon prices bounced back a bit after the release of the latest round of advice on emissions trading scheme settings from the Climate Change Commission, but there is a long way to go to restore confidence in a shattered market.Secondary market prices lifted closer to $60 yesterday, still well off the peak last year of more than $85.This is up from the lows of around $54 on most secondary markets last month.Units in Salts carbon fund, one of the few ways retailers can get exposure to carbon markets, were up 3.16% to $1.96 last evening...

More Policy

LNG imports: Watts open-minded on scale
Policy

LNG imports: Watts open-minded on scale

Energy sector analysts fear a "small, cheap" option will push up the LNG price NZ pays.

Pattrick Smellie 09 Oct 2025
Adrian Orr launches new company as restraint of trade lifts
Economy

Adrian Orr launches new company as restraint of trade lifts

It’s been six months since his exit from the central bank.

Denise McNabb 07 Oct 2025
Auckland’s Milldale housing project approved
Policy

Auckland’s Milldale housing project approved

The project is the third approved since applications opened in February.

Michael Neilson 03 Oct 2025
Govt outlines strategy to deliver Defence Capability Plan
Economy

Govt outlines strategy to deliver Defence Capability Plan

The economy and NZ industry would be beneficiaries.

Staff reporters 03 Oct 2025