THE market for Australian Carbon Credit Units has had a positive response to the finalisation of the Federal Government’s amendments to the safeguard mechanism – with prices rising and higher volumes traded.
According to Jarden, the spot price for ACCUs closed yesterday at $39 – which is slightly more than its last peak after the Chubb-review was handed down in January. Market information service Reputex Energy says in its weekly email that traded volumes had increased significantly.
“The market re-awakened after a slow fortnight leading up the final vote,” the email…
