Positive sentiment lifted the market over the past week as both local and international contracts posted strong gains amid expectations for an improved environment in the greater energy complex, and the domestic policy climate. Generic Australian Carbon Credit Units (landfill gas, avoided clearing, etc) have continued to close the gap with Human Induced Regeneration (HIR) offsets, crossing the $30/t mark for the first time since end-July amid positive sentiment and expectations for tighter supply side settings. LGC contracts and international compliance and voluntary markets have all rallied in recent days as positive sentiment builds in the market.
