Asia Pacific > NZ Market: NZUs soar to fresh highs as climate commission doubles down on higher auction price settings

NZ Market: NZUs soar to fresh highs as climate commission doubles down on higher auction price settings

Published 04:23 on June 9, 2021  /  Last updated at 07:40 on June 9, 2021  /  Asia Pacific, International, New Zealand  /  No Comments

New Zealand carbon allowances soared past NZ$40 ($28.81) to new record high levels on Wednesday, following the release of the independent Climate Change Commission’s final advice to the government on the country’s carbon budgets out to 2035.

New Zealand carbon allowances soared past NZ$40 ($28.81) to new record high levels on Wednesday, following the release of the independent Climate Change Commission’s final advice to the government on the country’s carbon budgets out to 2035.

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