Tokenized NZUs
Gain price exposure to New Zealand Emission Units with Carbonlinked's NZC tokens.
NZC is a New Zealand Emission Unit stable coin, backed 1:1 by NZUs, held by Carbonlinked.
100% Redeemable, 100% Transparent
Total carbon held
933 NZU
Last Traded Price
67.40 NZD
per NZC
Historic NZU Prices
WHAT IS NZC?
NZC = NZU
NZC is our first token. It is completely collateralized by New Zealand Emission units (NZUs), the mandatory carbon credit of New Zealand. Emitters within New Zealand's Emissions Trading Scheme must purchase and surrender NZUs equal their emission footprint.
HOW IT WORKS
Carbonlinked explained
Each carbonlinked token is backed 1:1 with mandatory carbon credits and is completely redeemable.
Want to gain/reduce exposure?
Contact us at:alex@carbonlinked.com
Carbonlinked Fees
1% Creation fee
Carbonlinked only charges a fee when someone deposits emission units, or redeems tokens. This fee is set as the maximum of 1% of the total exchange value, rounded up to the nearest whole NZU.
Voluntary Vs Mandatory Credits
What are emissions units?
Emission units limit the amount which industries can emit.
Voluntary units come from carbon offsetting projects.
Features
Mandatory
Voluntary
Forced Demand
Similar to taxes, emitters must annually surrender emission units for their emissions, else face significant financial penalty.
Companies are not forced to surrender carbon credits.
Engrained Scarcity
Yes. To meet 2050 net zero commitments, nations like New Zealand and the EU have committed to reduce the net supply of emission units to drive decarbonization.
No. The supply of credits is limited by the project developers.
Fungible
Yes. Mandatory units have the same effect on the emission balance sheet.
No. Not all voluntary carbon credits are equal.
Backing
Governments
Project owners and companies.
Jurisdictional Boundaries
Mandatory carbon credits typically have location boundaries for surrender and generation. This holds emitters to account by stopping them from offsetting with cheap, foreign credits.
No. The choice of credits is at the discression of the company.
Buy NZC Now
Buying NZC requires an ethereum compatible wallet and ether.
If you have this already, and you want to buy less than $3000 NZD, we recommend purchasing NZC via Uniswap.
UniswapOtherwise, complete this form and we will connect you with our partners for an over-the-counter (OTC) purchase.
Buy Over the CounterNZC Contract Address
Transparency
Carbonlinked maintains the supply of NZC never exceeds its NZU holdings.
CURRENT BALANCES
Carbonlinked Currently holds
933
New Zealand Emission Units within Carbon Linked Limited Emissions Trading Scheme Registry account.Redeemable
Every Carbonlinked token is redeemable for the underlying carbon. Deposit carbon or redeem Carbonlinked tokens by completing the forms below.
Total tokens in supply
0NZC
Total NZU reserve
