Yesterday the final emissions trading scheme auction of the year failed to clear.
That means there were no bidders for any of the carbon credits up for sale
That makes 2025 just the 2nd year in the schemes 17 year history in which all four auctions have failed to clear
This comes against a backdrop of business uncertainty and weakening environmental regulations.
To find out exactly what this all means Jesse is joined by ETS expert Nigel Brunel from Marex commodity brokers
Pollution and steam rise from the stacks of the Miami Fort Power Station, which is situated along the Ohio River near Cincinnati, Ohio, on 2 November , 2025. Photo: Jason Whitman / NurPhoto via AFP
