bearish
Power Points: Carbon Uncertainty — April 2023
March 2023 was dominated by the Government pressing ahead with Project Onslow (despite costs almost quadrupling) and the failure of the carbon auction to sell any units (which stemmed from the Government’s December 2022 decision to go for a cost containment reserve trigger price lower than the Climate Change Commission’s recommendation).
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Forsyth Barr
New Zealand Professional Investment Services Firm
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