NZ Market: NZUs trade above price ceiling as emitters rush to bank permits

Published 09:25 on August 30, 2018  /  Last updated at 19:17 on August 30, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon permits on Thursday traded above the NZ$25 fixed price option for the first time ever, as emitters sought to pick up as many as possible for future use amid expectations that the ceiling will increase and prices continue to rise.

New Zealand carbon permits on Thursday traded above the NZ$25 fixed price option for the first time ever, as emitters sought to pick up as many as possible for future use amid expectations that the ceiling will increase and prices continue to rise.

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