Carbon thumped overnight

15 Feb 2013

The local carbon market got smacked on the smell of an oily rag yesterday - thumped over 30 cents on 10,000 tonnes, to close at $2, OMFinancial reports.


It is hard to fathom what was going on without being a conspiracy theorist; Europe is firm, the US wants a carbon market and there are no other major fundamentals suggesting NZUs should be sold off as they are.


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