NZ Market: NZUs skyrocket on price ceiling, cap news

Published 04:44 on December 20, 2019  /  Last updated at 20:26 on December 20, 2019  /  Asia Pacific, New Zealand  /  No Comments

New Zealand carbon allowances rose a massive 15% on Friday as yesterday’s news on the future market emissions cap and plans to lift the Fixed Price Option from next year pushed prices to record highs.

New Zealand carbon allowances rose a massive 15% on Friday as yesterday’s news on the future market emissions cap and plans to lift the Fixed Price Option from next year pushed prices to record highs.

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