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  /  Asia Pacific, New Zealand  /  No Comments

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.

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