Govt looking again at reserve price for auctions
2 Nov 2020
CLIMATE minister James Shaw is seeking new advice from officials on including a technical reserve price in the new carbon-auctioning regime.
A Government decision to go ahead with the first auction, on March 17, without a technical reserve in place has raised speculation that spot NZUs could sell for as little as $20, well below the current secondary market price of around $35.
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Story copyright © Carbon News 2020
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