Australian offsets break price record as longer-term demand firms

Published 03:52 on June 10, 2021  /  Last updated at 11:27 on June 10, 2021  /  Asia Pacific, Australia  /  No Comments

Australian Carbon Credit Units (ACCUs) traded at A$19 ($14.69) in the spot market for the first time on Thursday as future compliance risk is supporting demand for the domestic units despite access to much cheaper international options.

Australian Carbon Credit Units (ACCUs) traded at A$19 ($14.69) in the spot market for the first time on Thursday as future compliance risk is supporting demand for the domestic units despite access to much cheaper international options.

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