Australian carbon investor completes A$55m capital raise, says free market is needed: AFR

https://www.linkedin.com/posts/viridios-capital_carbon-investor-completes-55m-capital-raise-activity-6991161432755093504-cXfu?utm_source=share&utm_medium=member_ios

AFR, unedited: The quality and integrity of Australian carbon credits can only be maintained if pricing is left to the free market, a leading Australian carbon investor says, rejecting calls from the heaviest emitters for pricing caps under the federal safeguard mechanism.

Australian-based carbon offset investor Viridios wrapped up a $55 million capital raising on Wednesday with backing from impact investors including ROC Partners and Privatus Capital Partners, a boutique investor set up by former Goldman Sachs executive James McMurdo.

https://www.afr.com/policy/energy-and-climate/carbon-investor-completes-55m-capital-raise-20221026-p5bt02

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