EU ETS Looks to September…and Australian Market?

RepuTex today released its EUA Price Outlook for August, tracking European progress on ‘backloading’ reform and analysing the potential for EUA demand to come from the Australian carbon market. The potential adoption of a 15 per cent emissions reduction target in Australia, up from 5 per cent, will result in increased demand for EUAs, however  the final adoption of the Australian emissions cap will be the key step, with potential for the cap to completely remove any Australian demand for EUAs.

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