New threat to prices from Govt auction
28 Oct 2020
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The Government’s decision to auction large amounts of carbon credits without a technical reserve price in place poses a new downside risk to prices, warns the founder of one of New Zealand’s carbon-trading platforms.
“The Government has never been able to effectively sell an NZU to an entity with liabilities for less than $25,” Carbon Match head Lizzie Chambers told Carbon News.
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Story copyright © Carbon News 2020
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