NZ Market: NZU prices plunge as reform plans fall short of expectations

Published 09:40 on December 13, 2018  /  Last updated at 23:09 on December 13, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances fell nearly 4% from record highs on Thursday as the highly anticipated government ETS reform package failed to clarify the near-term fate of the NZ$25 fixed price option.

New Zealand carbon allowances fell nearly 4% from record highs on Thursday as the highly anticipated government ETS reform package failed to clarify the near-term fate of the NZ$25 fixed price option.

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