NZ budget puts carbon auctioning on track, but offers nothing new on FPO

Published 07:12 on May 30, 2019  /  Last updated at 10:07 on May 30, 2019  / Stian Reklev /  Asia Pacific, New Zealand

New Zealand on Thursday allocated funds to begin building an NZU auctioning platform through its 2019 budget, but did not offer any new information on the future level of the fixed price option, sending prices tumbling to 6-month lows.
New Zealand on Thursday allocated funds to begin building an NZU auctioning platform through its 2019 budget, but did not offer any new information on the future level of the fixed price option, sending prices tumbling to 6-month lows.


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