NZUs could rise to CCR trigger level ahead of next auction, brokers warn

Published 02:46 on June 25, 2021  /  Last updated at 09:52 on June 25, 2021  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon prices may rise to NZ$50 in the secondary market even before the Sep. 1 auction, which could mean the next government sale triggers the release of 7 million permits from the cost containment reserve, brokers Jarden said Friday.

New Zealand carbon prices may rise to NZ$50 in the secondary market even before the Sep. 1 auction, which could mean the next government sale triggers the release of 7 million permits from the cost containment reserve, brokers Jarden said Friday.

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