Asia Pacific > NZ Market: NZUs drift sideways amid lacklustre response to ERP

NZ Market: NZUs drift sideways amid lacklustre response to ERP

Published 07:09 on May 20, 2022  /  Last updated at 02:14 on May 21, 2022  / Mark Tilly /  Asia Pacific, New Zealand

The New Zealand Unit (NZU) spot price continued to float sideways on Friday, with the market giving the government’s Emission Reduction Plan released earlier in the week a relatively muted greeting, though some say the upcoming June auction could create prices movements off the back of an almost exhausted cost-containment reserve.
The New Zealand Unit (NZU) spot price continued to float sideways on Friday, with the market giving the government’s Emission Reduction Plan released earlier in the week a relatively muted greeting, though some say the upcoming June auction could create prices movements off the back of an almost exhausted cost-containment reserve.


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