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  / Stian Reklev /  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.


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