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Carbon prices suffer as global economy sweats

Thursday 19 Mar 20 11:00am

THE GLOBAL economic downturn brought on by the Covid-19 pandemic is hitting carbon prices.

In Europe, prices have almost halved to €18 and an auction has been cancelled due to lack of interest. In California, prices are at their lowest level in more than three years, falling to $16 overnight.

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Story copyright © Carbon News 2020

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