THE price of Australian Carbon Credit Units has started to recover after last month falling to its lowest price in more than a year.
ACCUs fell to about $23 last month after the Clean Energy Regulator issued more than one million credits to projects that had been on hold while the Federal Government’s Chubb review took place.
According to Jarden, the ACCU market opened this week at $29.25, which is the highest it has been since the price plummeted last month.
Market Advisory Group director Raphael Wood addressed the supply and demand situation for ACCUs at last month’s Nature Based…