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Forestry and the Emissions Trading Scheme

Climate Change Forestry Regulations Consultation

Te Uru Rakau has announced that the deadline for submissions on proposed ETS Forestry Regulations has been extended to reduce the time pressure on submitters at a very busy time of year. Late submissions will now be accepted until 5pm Wednesday 15 January 2020. No changes to the process for submission have been made. More information can be found here.

Price update

The first half of November saw NZU prices hold firm at just under $25.00, before easing through to the end of the month. NZUs closed the month at $24.70 and have not moved far from here into December. Trading activity seems to be light… not surprising as we head towards a well-earned summer break!