NZ Market: New Zealand’s carbon price falters on cap confusion

Published 10:16 on May 17, 2019  /  Last updated at 10:16 on May 17, 2019  / /  Asia Pacific, New Zealand

NZUs slipped on Friday as traders were left confused by government plans to remove the market’s de-facto price cap, raising the prospect of a price correction and even inadvertently triggering substantial government demand for international credits.
NZUs slipped on Friday as traders were left confused by government plans to remove the market’s de-facto price cap, raising the prospect of a price correction and even inadvertently triggering substantial government demand for international credits.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.