| Carbon permits in New Zealand's emissions trading scheme jumped 25 percent to close at a five-month high of $NZ3.90 ($A3.60) on Friday, as traders reacted to an overnight rule change that is likely to tighten supply.
Spot New Zealand Units (NZUs) opened at $NZ3.10 but were bought up as news spread that the government had banned post-1989 foresters from using U.N.-issued offsets for compliance with immediate effect, forcing them to use NZUs instead...........................................Full Article: Source
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