Refrigerant prices rise with the NZU. “Any company with cooling systems that rely on R404a or R507 have immediate risks that need to be understood and managed now.” Matthew Darby, MD EcoChill Refrigerant prices increase this month with the market cap increase of the New Zealand Carbon Unit from $25 to $35.
Prices of refrigerant are currently rising as changes to the Emission Trading Scheme have raised the cap of the New Zealand Carbon Unit from $25 to $35. For those whose systems are using synthetic F gas refrigerants, particularly those that are older with high Global Warming Potential (GWP), there are cost and supply risks that need
EARTH DAY 22nd April 2020 This #EarthDay, while the coronavirus (COVID-19) has been spreading around the world and dominating news headlines, thoughts and attention, the need to take climate action has remained as urgent as ever. The theme of Earth Day 2020 is Climate Action. By the end of 2020, global CO2 emissions need
OZONE DAY 16th September 2019 This #OzoneDay, we celebrate the ongoing healing of the ozone layer under the #MontrealProtocol to date while being mindful that managing unexpected ozone-depleting emissions requires vigilance. Ozone Day 2019 celebrates the world’s greatest environmental success story: the Montreal Protocol. The 1987 Montreal Protocol on Substances that Deplete the Ozone
What's happening in refrigerant September 2019? Refrigerant pricing has no change in September, with the NZU's staying static at around the $24 price point. The market continues to wait for expected increases with the outcomes of the government's review of the ETS. A number of "new refrigerants" have come into the market as manufactures work to