ACCUs fall off cliff as ERF exit option seen hurting market confidence

Published 02:16 on March 4, 2022  /  Last updated at 03:25 on March 4, 2022  /  Asia Pacific, Australia  /  No Comments

Australia’s decision to allow project developers to exit offset contracts with the government in order to increase secondary market supply had caused a 24% drop in ACCU prices by early Friday afternoon and will likely damage overall confidence in the nation’s carbon market, according to experts.

Australia’s decision to allow project developers to exit offset contracts with the government in order to increase secondary market supply had caused a 24% drop in ACCU prices by early Friday afternoon and will likely damage overall confidence in the nation’s carbon market, according to experts.

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