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Forestry and the Emissions Trading Scheme - November 2013

Price Update

NZUs have continued trending down this month, and currently trading is at around $3.15 -$3.30 per NZU.

The prices of ERUs, which are expected to be used for surrender purposes until 2015, have also trended down and currently trading is at around $0.27 per ERU.

Figure 1: Recent Carbon Prices - NZ$/t CO2e – Real (CPI adjusted)

For those PF Olsen clients who have questions in regards to any aspect of the ETS please contact erin.leahy@pfolsen.com.