Asia Pacific > PREVIEW: Upcoming NZ ETS auction seen unlikely to clear amid lingering uncertainty

PREVIEW: Upcoming NZ ETS auction seen unlikely to clear amid lingering uncertainty

Published 00:01 on June 12, 2023  /  Last updated at 10:23 on June 9, 2023  / Mark Tilly /  Asia Pacific, New Zealand

New Zealand is unlikely to sell any of the 8.9 million NZUs that will be made available at this week’s auction, market participants told Carbon Pulse, doubting bids will meet the government’s confidential reserve price.
New Zealand is unlikely to sell any of the 8.9 million NZUs that will be made available at this week’s auction, market participants told Carbon Pulse, doubting bids will meet the government’s confidential reserve price.


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