One of the oldest ETS (2008); agriculture still outside.
NZ ETS — NZU has traded ≈NZ$50–60 (2024–25, World Bank State & Trends of Carbon Pricing 2025 / ICAP 2025).
At the EU ETS price of €80.01/t, this CO2 corresponds to an indicative carbon value of:
| Facility | Sector | t CO2/yr (est. 2023) | Gross value (full) |
|---|---|---|---|
| BlueScope New Zealand Steel Glenbrook | 814,187 | €61.4M | |
| Tiwai Point aluminium plant | 707,542 | €53.3M | |
| Motunui Methanol Complex | 500,625 | €37.7M | |
| Portland Cement Plant | 371,744 | €28.0M |
Gross value = all tracked CO2 × the carbon price; it is a ranking aid, not a liability. Emissions: Climate TRACE satellite estimates (2023) — indicative, not verified declarations. CBAM falls only on emissions embedded in EU-bound exports, at the phased-in share (2.5% in 2026 → 100% by 2034). More: IndustryAtlas.
Cut the bill at the source: heat-loss elimination via removable insulation typically saves 2–5% of fuel-related CO2 with <2-year payback — run the savings study or read the industrial insulation guide.