Wood Matters

Forestry and the Emissions Trading Scheme

Published on

Emissions Reduction Plan – consultation closing soon

A friendly reminder that the ERP consultation we mentioned last month closes soon. Please have your submissions in before 24 November 2021. You can make your submission here.

Price update

Spot pricing traded a range of around $65.00 - $65.25 from the end of October into the start of November. In recent days prices have eased slightly, with pricing today (18th November) around $64.70.

It will be interesting to see if pricing moves as we move closer to the last auction of the year on December 1st. This auction will be for 4.75 million NZUs, with no surplus available given that the CCR was exhausted for the year in the last auction.