The emergence of discounted Safeguard Mechanism Credit (SMC) offers reignited activity in the traded market late last week, however, beyond short-term volatility, the gradual erosion of market support is more closely tied to broader uncertainties – most notably, the upcoming federal election.
In this Carbon Weekly report, we break down activity in the Australian exchange-traded and OTC carbon markets (spot and derivatives) over the past week, including key trends and drivers, our latest pricing and benchmarks, and our daily forward curves.
