NZUs 'dead' as carbon market struggles with confusion
18 Nov 2008

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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Story copyright © Carbon News 2008