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  / /  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.


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.