NZ minister says “not keen” to change NZU fixed price level

Published 09:55 on June 24, 2019  /  Last updated at 09:55 on June 24, 2019  /  Asia Pacific, New Zealand  /  No Comments

New Zealand Climate Change Minister James Shaw has said he is “not keen” to shift the emissions trading scheme’s de facto price cap level up from the current NZ$25 level until the full market reform package is ready, the clearest indicator yet the cap will stay where it is and weigh further on NZUs.

New Zealand Climate Change Minister James Shaw has said he is “not keen” to shift the emissions trading scheme’s de facto price cap level up from the current NZ$25 level until the full market reform package is ready, the clearest indicator yet the cap will stay where it is and weigh further on NZUs.

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