Asia Pacific > NZ Market: NZUs soar to record highs as CCC recommendations light up pre-auction sentiment

NZ Market: NZUs soar to record highs as CCC recommendations light up pre-auction sentiment

Published 08:00 on August 29, 2022  /  Last updated at 08:00 on August 29, 2022  / Stian Reklev /  Asia Pacific, New Zealand

New Zealand carbon allowances have risen to fresh record highs amid expectations that the government will accept recommendations from the independent Climate Change Commission (CCC) to significantly increase the cost containment reserve (CCR) trigger price level at future auctions.
New Zealand carbon allowances have risen to fresh record highs amid expectations that the government will accept recommendations from the independent Climate Change Commission (CCC) to significantly increase the cost containment reserve (CCR) trigger price level at future auctions.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.