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Carbon prices set to decline as Europe accelerates energy transition

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Hedge fund manager Per Lekander, who has been historically bullish on carbon prices, is predicting that carbon credit prices will drop as Europe speeds up its 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,” he told Financial Times in an interview published on July 18.

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