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Salt Carbon Fund - short term pain, potential long term gain

Thursday 27th of July 2023
Climate Change Minister James Shaw has announced that from December the government will raise the reserve price for carbon units (NZUs) auctioned under the ETS from $33 to $60. It will also raise trigger prices for the cost containment reserve in the ETS from $82 to $173, and lower the cap on the number of units that can be auctioned over the next five years.
This will result in 17.6 mi...
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