Asia Pacific > Australia Market Roundup: ACCU price rises 5.5% as market waits for more detail on Safeguard Mechanism

Australia Market Roundup: ACCU price rises 5.5% as market waits for more detail on Safeguard Mechanism

Published 03:54 on March 28, 2023  /  Last updated at 04:45 on March 28, 2023  / /  Asia Pacific, Australia

The spot price for Australian Carbon Credits Units (ACCU) has risen 5% following the accord struck between the Greens and the government to further strengthen the Safeguard Mechanism, as the market mulls how the reforms will play out.
The spot price for Australian Carbon Credits Units (ACCU) has risen 5% following the accord struck between the Greens and the government to further strengthen the Safeguard Mechanism, as the market mulls how the reforms will play out.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.