AU Market: ACCUs plunge below A$30 in “punch drunk” market

Published 10:36 on March 8, 2022  /  Last updated at 05:54 on March 9, 2022  /  Asia Pacific, Australia  /  No Comments

Australian carbon credits fell another 18% on Tuesday as traders continued to reconsider the value of their ACCU positions after regulators decided to let project developers with offsets contracted to the government sell them on the market instead.

Australian carbon credits fell another 18% on Tuesday as traders continued to reconsider the value of their ACCU positions after regulators decided to let project developers with offsets contracted to the government sell them on the market instead.

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