The Climate Change Commission has recommended reducing the number of carbon credits ahead of future auctions.

After a full year of failed auctions, the Commission believes halving the number of credits to reduce oversupply is the right decision. 

BusinessDesk managing editor Pattrick Smellie says fewer units will drive up the carbon price.

LISTEN ABOVE

The Climate Change Commission has recommended reducing the number of carbon credits ahead of future auctions.
After a full year of failed auctions, the Commission believes halving the number of credits to reduce oversupply is the right decision. 
BusinessDesk managing editor Pattrick Smellie says fewer units will drive up the carbon price.
LISTEN ABOVE

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