Carbon News - Intelligence for the carbon market

New threat to prices from Govt auction

Wednesday 28 Oct 20 10:00am

 

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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