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20 Oct 2018 04:12:20

NZUs Hold Firm

Posted: 16 Jan 2018

Over the last week NZUs have firmed again.  At $21.20 (last trade yesterday) they are up $1 or nearly 5% over the last month. 

Is this surprising? For now, we have a closed domestic carbon market, supplied only by new forestry issuance, legacy NZUs and the fairly modest annual allocation received by emissions intensive and trade exposed industry. Read more