• NZUs move higher
• Minister confident Zero Carbon Bill will be passed by year-end
Spot NZUs closed at $24.85 with demand creeping back into the market. There remains a dearth of sellers.
James Shaw, our Climate Change Minister, was quoted in the paper yesterday that he is confident that the Zero Carbon Bill (ZCB) will be passed by the end of the year and has the Coalition’s support. The select committee finished its hearings on Friday and the Bill is expected to come back into parliament by late October for its second reading. It requires a…