Asia Pacific > New Zealand makes U-turn on carbon auction technical reserve price

New Zealand makes U-turn on carbon auction technical reserve price

Published 02:47 on December 22, 2020  /  Last updated at 22:59 on December 22, 2020  / Stian Reklev /  Asia Pacific, New Zealand

New Zealand will opt for a technical reserve price at its NZU auctions after all, Climate Change Minister James Shaw has said, a move intended to ensure government sale prices don’t drop far below secondary market levels.
New Zealand will opt for a technical reserve price at its NZU auctions after all, Climate Change Minister James Shaw has said, a move intended to ensure government sale prices don’t drop far below secondary market levels.


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