NZ carbon price cap backward step, says trader
31 Mar 2009
Capping New Zealand carbon prices as part of harmonising an emissions trading scheme with Australia would be a backward step, says a leading trader.
“A price cap is absolutely wrong because you can’t have a free market and a price cap,” OMFinancial’s Nigel Brunel – who handled the only trade of NZUs to date – told Carbon News.
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Story copyright © Carbon News 2009
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