NZU emitter demand may spike amid Q2 2024 electricity emissions hitting 3-year high

The demand for New Zealand Units from emitters may rise as second-quarter 2024 greenhouse emissions from electricity generation climbed over a three-year high since June 2021 and more than doubled on the year to 1.431 MMtCO2e, market sources said. The emissions were last higher at 1.866 MMtCO2e in June 2021. The Q2 emissions equate to around 1.4 million New Zealand…The demand for New Zealand Units from emitters may rise as second-quarter 2024 greenhouse emissions from electricity generation climbed over a three-year high since June 2021 and more than doubled on the year to 1.431 MMtCO2e, market sources said. The emissions were last higher at 1.866 MMtCO2e in June 2021. The Q2 emissions equate to around 1.4 million New Zealand…  Read More