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First carbon auction clears at $36

Wednesday 17 Mar 21 1:00pm

FIRST BELL: NZX chief executive Mark Peterson (left) and Climate Minister James Shaw at the start of today's auction.

THE FIRST Government auction of carbon credits today saw all 4.75 million NZUs sell at $36.

That’s $2.25 below the price spot NZUs closed at on the secondary market last night, with both CommTrade and Carbon Match fixing at $38.75.

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