Carbon News - Intelligence for the carbon market

Carbon price up 10.9% since subsidy dumped

Friday 3 Jun 16 11:00am

Carbon prices have climbed 10.9 per cent in the week since the phase-out of the one-for-two subsidy was announced.

Although the subsidy’s removal had been widely signalled, release of the details, as part of the Government’s Budget on Thursday last week, saw an immediate jump in prices, from the day’s opening at $14.20, to $14.85.

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