Market Closed

19 Apr 2024 03:28:01

NZU prices rising

Posted: 10 Feb 2021

NZUs rose into the mid $39s last week. No doubt the recommendations in the recent draft advice from the Climate Change Commission played a strong part in this. Among a vast array of other issues, the Commission expressed concern that the current trigger price for the auction's cost containment reserve - currently set at $50 - is too low.  Read more in our newsletter.