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New Zealand carbon market hotting up

2016-03-03 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Scoop: New Zealands carbon market is on the move, breaking the $10 barrier today, says Carbon News, the countrys specialist daily carbon market publication. Todays sale of 15,000 spot NZUs (the domestic carbon unit) at $10 is a milestone, said Carbon News publisher Adelia Hallett. Its the highest theyve been since the massive price collapse of 2011. The break-through sale, on the CommTrade platform, comes on the heels of the historic Paris Agreement on climate change in December, in which global...

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