Asia Pacific > NZ cuts NZU auction volumes by about 50% starting 2025, spot market price surges

NZ cuts NZU auction volumes by about 50% starting 2025, spot market price surges

Published 22:55 on August 19, 2024  /  Last updated at 06:44 on August 20, 2024  / Mark Tilly /  Asia Pacific, New Zealand

The New Zealand government will dramatically cut the volume of NZUs available at auction from next year, and will maintain the auction price floor, in line with the Climate Change Commission’s recommendations, it announced Tuesday.
The New Zealand government will dramatically cut the volume of NZUs available at auction from next year, and will maintain the auction price floor, in line with the Climate Change Commission’s recommendations, it announced Tuesday.


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