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.
To access this Carbon News information right now, please accept our 7 DAY FREE TRIAL subscription offer. Simply click the Subscribe button and follow the steps.