Australia ready to prop up offset market if prices fall

Published 01:15 on May 15, 2020  /  Last updated at 21:13 on May 15, 2020  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator is willing to buy carbon credits above A$16 ($10.35) in between auctions to assist the market if offset prices slump due to the COVID-19 crisis, Energy and Emissions Reduction Minister Angus Taylor said Friday.

Australia’s Clean Energy Regulator is willing to buy carbon credits above A$16 ($10.35) in between auctions to assist the market if offset prices slump due to the COVID-19 crisis, Energy and Emissions Reduction Minister Angus Taylor said Friday.

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