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  / Mark Tilly /  Asia Pacific, Australia  /  No Comments

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.

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