CARBON trading has slowed in recent weeks as the Federal Government’s review of the carbon farming framework heads into a public submission phase.
The price of Australian Carbon Credit Units (ACCUs) recovered increased slightly this week to $29.50 after a drop last month, which was put down to renewed criticism of the industry.
Market forecasting service Reputex Energy said while prices have seen little movement in recent weeks, volumes traded have been low. The update said it was partially due to traders watching public auctions in New Zealand and uncertainty due to the government’s…