Hedge fund manager Per Lekander, who has been historically bullish on carbon prices, is betting that carbon credit prices will drop as Europe accelerates the energy transition. “I see coal and gas prices falling, and I think they are going to go way lower in the longer term. And the emissions market is going to collapse,” Lekander told the Financial Times in an interview published on Tuesday.
Lekander was a carbon credit market bull for years and cashed in on the price rally in 2018. Now the longer-term prospects of the carbon credits…Carbon Prices Set To Fall As Europe Speeds Up Energy Transition
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