AUSTRALIAN Carbon Credit Units have taken a big dive in the past month, dropping more than $7 since the start of June.
According to market information service Jarden, ACCUs opened today at $28.25 – down from $35.50 at the start of June and $38 in May.
Last time the ACCU price was this low was in May last year after former energy minister Angus Taylor allowed credit holders to exit Government contracts, triggering a surge in supply on the open market and another shock caused by Australian National University professor Andrew MacIntosh calling the market a “fraud”, sparking “the…
