Asia Pacific > Australia Market Roundup: Underground mines set to lose out under Safeguard Mechanism, ACCU market extends losses

Australia Market Roundup: Underground mines set to lose out under Safeguard Mechanism, ACCU market extends losses

Published 08:37 on July 10, 2023  /  Last updated at 09:09 on July 10, 2023  / Mark Tilly /  Asia Pacific, Australia

Underground coal mines are expected to bear the highest cost of emission reductions under the reformed Safeguard Mechanism, according to analysis, as the price of Australian Carbon Credit Units (ACCUs) fell further on Monday.
Underground coal mines are expected to bear the highest cost of emission reductions under the reformed Safeguard Mechanism, according to analysis, as the price of Australian Carbon Credit Units (ACCUs) fell further on Monday.


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