NZ Market: New Zealand auction clears at NZ$76, CCR exhausted

Published 01:23 on June 15, 2022  /  Last updated at 14:23 on June 15, 2022  /  Asia Pacific, New Zealand  /  No Comments

New Zealand’s second carbon allowance auction for the year cleared at NZ$76 ($47.31), while the entire cost containment reserve (CCR) for the year has now been exhausted, as was widely predicted.

(Updated with additional analysis)

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