• NZUs hold above $29
• A busy year for rules & regulation in the ETS
• How will the move from FPO to CCR work?
NZUs finished the week at $29.15 and whilst they have not moved higher last week, the market is holding the $29 level. This is mainly due to the absence of major sellers whereas buyers looking longer term continue to pick off sellers.
It’s going to be a very busy year for the ETS. Now we have the Zero Carbon Bill passed and the Climate Change Commission installed, the ETS has…