The New Zealand ETS has come a long way from an intensity based system with no cap on emissions and a price cap. Now we have a proper cap & trade scheme with a descending cap on emissions, regular auctioning and two very clear goals being Paris in 2030 and Net Zero by 2050.
The big questions are will we achieve these goals and what does the price of carbon need to be.
Presentation: The Evolution of the MarketNigel Brunel, Director of Institutional Commodities at Jarden
Nigel founded and leads Jarden’s institutional commodities business in New Zealand and Australia. He has a vast amount of cross-market experience, with a focus on renewable energy, dairy and equity futures. He has a special interest in carbon trading, particularly compliance and voluntary markets, and has been a leading adviser in the field since the inception of New Zealand’s emissions trading scheme.
Nigel was a founding member of Jarden’s FX, Futures and Equity Derivatives team in 1986. He went on to manage the equity derivative sales division at UBS Warburg in Sydney and ran his own trading company for nine years before returning to Jarden in 2007.
He loves the problem-solving aspects of his role and values integrity, honesty and hard work. He travels frequently throughout Asia and New Zealand to educate and advise corporates involved in emissions trading schemes and the dairy markets, and regularly provides expert commentary in the media.
Carbon Forestry 2021
16 June 2021, Rotorua, New Zealand