THE market for Australian Carbon Credit Units has reached a four-month high after weeks of small price fluctuations and low numbers traded.
According to Jarden, ACCUs closed Monday at $32 per tonne of CO2 or equivalent – which is the highest the price has been since July. The market has been hovering around the $30 mark for the past four months.
Market information service Reputex Energy says record numbers have been traded in the past week.
“The surge in activity, driven by increased corporate and hedging activity, spurred a jump of over 5 percent in prices for both Human Induced…
