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Australia’s domestic carbon credit price jumps 17% on post-election sentiment

May 27, 2022 Comments Off

Australian carbon credit prices jumped at least 17% at the start of the week of May 23 as carbon markets reacted positively to the election of the new government that is perceived to have a stronger stance on climate issues. The price movement underscores confidence among carbon market participants that the new government will implement policies that support demand growth…