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.
Work is underway by the Ministry for the Environment to develop a carbon removals strategy. The strategy will guide decisions about how we, as a nation, build a more diverse portfolio of activities that remove carbon dioxide from the air and oceans.
It will look at the role of forestry, alongside a broad range of other nature-based and engineering technologies that can remove carbon from the air. These removals are likely to also contribute to biodiversity, climate change resilience and economic goals.
Public consultation on the draft strategy is planned for early 2024 as part of the Government’s second emissions reduction plan.
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.