• NZUs lack oxygen
• Are cracks appearing in the Coalition over agriculture?
Spot NZUs closed at $24.95 in very quiet trade. The market has slowed down considerably in recent days but should pick up soon as we head into Q4. The reality is many emitters will not want to be seen paying the $25 cap even if the market is above that so we do expect some demand to pick up as we head towards the end of the emission year and into Q1 2021.
It’s was reported yesterday in the media that bringing agriculture into…