Last week saw ACCU spot prices return to their broader downtrend observed throughout November, falling below $36/t for the first time since August on the release of preliminary Safeguard Mechanism compliance data for FY24/25, alongside DCCEEW’s annual release of Australia’s emissions forecast through to 2050.
Notably, the CCA’s preliminary data closely aligns with our modelling, to within 1% across most key metrics. Whilst RepuTex abatement modelling underpins DCCEEW’s national projections, direct comparison is limited due to key assumption differences, which we describe within this update.
RepuTex’s Carbon Weekly report breaks down activity in the Australian exchange-traded and OTC carbon markets (spot and derivatives) over the past week, including key trends and drivers, our latest pricing and benchmarks, and our daily forward curves.
Data shows what’s happening. Our research insights explain why…
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