NZX, EEX eye carbon auction opportunity

Tue, 10 Dec 2019

The New Zealand stock exchange and the European Energy Exchange have inked a cooperation agreement to pursue carbon market opportunities, in particular the government’s plan to establish auctions of New Zealand emission units. Shane Dinnan, head of energy markets for NZX, told BusinessDesk the aim of the agreement is to partner with the EEX around the primary issuance of emissions units. The government's planned reform of the emissions trading scheme includes adding auctions, in which a specific supply of units will be auctioned over a pa...

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