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Week 1 on the Australian Climate Exchange

ACXIt’s one week on since the Aussies launched their first emission trading platform, the Australian Climate Exchange. Prices launched at A$8.50 (about £3.60) on the first day, with a modest 1,600 tons of Voluntary Emission Reductions changing hands.

This compares with about €19.50 (£13.18) on European markets–and Cleantech blog reckons the price has already inched up to A$8.55 after week one, so get in there while it’s cheap…

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