South Korean Carbon Permit Prices Reach Highest Level Since April 2023

South Korean carbon permit prices have surged to their highest level since April 2023. Bloomberg posted on X that this increase is attributed to investors factoring in a tighter demand and supply balance due to recent policy changes. The adjustments in policy have led to expectations of a more constrained market, driving up the prices of carbon permits. This development reflects the ongoing adjustments in the carbon market as stakeholders respond to regulatory shifts.