2025-08-30
High GWP refrigerants down in price
Prices for the high GWP gases/mixtures in Europe went down slightly in the second quarter of this year, compared with Q2/2024.
Minister of Climate Change James Shaw has today released the Commission’s second annual advice on NZ ETS unit limits and price control settings, covering the period 2024 – 2028.
The NZ ETS is one of the Government’s main tools to reduce emissions, but the current price settings mean it cannot function as effectively as it should, Climate Change Commission Chair Dr Rod Carr says.
Read the Commission's advice here.
Prices for the high GWP gases/mixtures in Europe went down slightly in the second quarter of this year, compared with Q2/2024.
The Government has announced the number of units that will be available and price control limits for the NZ Emissions Trading Scheme auctions for the next five years as part of annual updates to the NZ ETS.