Asia Pacific > Compliance Markets & Taxes > Bidless quarterly NZ carbon permit auction fails to clear

Bidless quarterly NZ carbon permit auction fails to clear

Published 01:12 on June 19, 2024 / Last updated at 06:13 on June 19, 2024 / / Asia Pacific (Compliance Markets & Taxes, Pacific)

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The second New Zealand ETS auction for 2024 has failed to clear due to a lack of demand, with not a single bid being submitted as allowances in the secondary market trade below the auction floor.
The second New Zealand ETS auction for 2024 has failed to clear due to a lack of demand, with not a single bid being submitted as allowances in the secondary market trade below the auction floor.


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