NZ Market: NZUs jump to record highs ahead of govt ETS announcement

Published 07:04 on December 11, 2018  /  Last updated at 01:55 on December 12, 2018  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances on Tuesday jumped to an all-time high as traders went into bullish mode on news that the government will announce the first trance of its ETS reforms on Wednesday.

New Zealand carbon allowances on Tuesday jumped to an all-time high as traders went into bullish mode on news that the government will announce the first trance of its ETS reforms on Wednesday.

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