Carbon News - Intelligence for the carbon market

NZUs 'dead' as carbon market struggles with confusion

Mark Franklin ... nobody knows what's happening.
Mark Franklin ... nobody knows what's happening.

Sales of NZUs are effectively dead as carbon markets struggle to understand the implications of the new government's moves on the ETS.

OMFinancial trader Nigel Brunel, who has been negotiating sales of NZUs from frorests, told Carbon News yesterday that the announcement has killed trade.

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Related Topics: Emissions trading | ETS | Greenhouse Effect | Tax

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