Frances Sweetman: Milford Asset Management Portfolio Manager on the fourth consecutive carbon auction of the year failing
Heather du Plessis-Allan Drive · Newstalk ZB
December 6, 20232m 44s
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Show Notes
The fourth consecutive carbon auction of 2023 failed to clear, leaving millions of units unsold.
This means the Government missed out on anther $900 million worth of revenue.
Milford Asset Management's Frances Sweetman says all the units built up from this year will be cancelled- but predicts an improved balance for 2024.
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Topics
businesscarboncarbon credits