THE carbon market has shown little movement since the handing down of the highly anticipated Chubb review yesterday – which largely backed the scheme and suggested some small changes.
According to Jarden, the price of Australian Carbon Credit Units has remained unchanged at $33.80 – the price it finished on last year. Market information service Reputex Energy is predicting the review’s impact on the carbon market to remain nuanced with a gradual increase in prices over time.
ACCU prices have largely been driven government announcements and public commentary in the past year. The…