Carbon prices rise slightly, but market confidence still shattered

Carbon prices rise slightly, but market confidence still shattered
High carbon prices seem to be driving the planting of trees and not reducing emissions. (Image: Getty)
Ian Llewellyn
Carbon prices bounced back a bit after the release of the latest round of advice on emissions trading scheme settings from the Climate Change Commission, but there is a long way to go to restore confidence in a shattered market.Secondary market prices lifted closer to $60 yesterday, still well off the peak last year of more than $85.This is up from the lows of around $54 on most secondary markets last month.Units in Salts carbon fund, one of the few ways retailers can get exposure to carbon markets, were up 3.16% to $1.96 last evening...

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