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  /  No Comments

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.

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