New Zealand’s carbon market, part of the government’s Emissions Trading Scheme (ETS), has hit a two-year low this June, with carbon unit prices falling to NZ$48 (AU$44) per metric tonne of CO2 equivalent from a peak of NZ$88.50 (AU$82) in November 2022. Although this is unlikely to affect the price of R134a in the short … Continue reading NZ carbon price slump could reduce cost of refrigerants but raises other concerns