Australia Market Roundup: ACCU price slides, as Chevron demand pushes voluntary cancellations to record high

Published 10:18 on October 17, 2022  /  Last updated at 10:27 on October 17, 2022  / Mark Tilly /  Asia Pacific, Australia

The spot price for Australian Carbon Credit Units (ACCUs) has steadily dropped off in recent weeks, even as steady demand for Chevron has pushed the cancellation tally for the domestic credit above the 1-million mark for the first time.
The spot price for Australian Carbon Credit Units (ACCUs) has steadily dropped off in recent weeks, even as steady demand for Chevron has pushed the cancellation tally for the domestic credit above the 1-million mark for the first time.


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