Carbon Markets

MARKET UPDATE: Australian Carbon Offset Market Report: Oct 25 – Nov 5, 2021

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

Dear Subscriber,

Our latest Australian Carbon Offset Market Update has now been published.

Death, taxes, and the continued ACCU spot price bull run. The ACCU spot price climbed a further 10% over the fortnight, to $37/t, with RepuTex’s ACCU spot price assessment now up 124% year-to-date. Two forward trades were recorded over the period, with Feb-22 (CAL 21) prices rising off the current spot price. As COP26 commenced, the international voluntary market saw a flurry of action, with a significant volume of new energy efficiency projects entering the market, while heavy purchasing from Klima DAO sought to drive up prices. Just over half a million offsets were voluntarily cancelled by Australian companies over the period (584,409), with 97% in the form of low-end Certified Emissions Reductions (CERs). This remains an area of interest for Australian market participants, with potential for Article 6 negotiations to agree to vintage restrictions as a means to increase the quality and additionality of Paris-eligible offsets.

This report provides a snapshot of current activity in the Australian and international voluntary carbon markets, including spot and forward price dynamics, offset issuance and voluntary cancellations. Analysis considers Australian Carbon Credit Units (ACCUs) and voluntary offsets across key international registries including Verra, Gold Standard, the American Carbon Registry, and the Climate Action Reserve.

Please login to EnergyIQ to view the full report.

Restricted Access

This is a subscriber report. Please login to access this content.

Become a Carbon Insider today

Unlock our latest analysis, briefings and price information with our new Carbon Insider service.

Click below to see our plans.

Sign up for regular insights

LATEST UPDATES

  • Carbon Markets

    By the numbers – A closer look at 2021 in the Australian carbon market

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    2021 was a year of records in the Australian carbon market, with prices, volumes and […]

    Research Insights | January 18th, 2022
  • Carbon Markets

    MARKET UPDATE: Australian Carbon Offset Market Report: Dec – Jan 2022

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    Dear Subscriber, Our latest Australian Carbon Offset Market Update has now been published. The Australian […]

    Research Insights | January 11th, 2022
  • Carbon Markets

    Merry Christmas and holiday support / office hours

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    Dear Subscriber, We hope that the festive season has been treating you well, and we […]

    Research Insights | December 22nd, 2021
  • Carbon Markets

    MARKET UPDATE: Australian Carbon Offset Market Report: Dec 6 – Dec 17, 2021

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    Dear Subscriber, Our latest Australian Carbon Offset Market Update has now been published. The price […]

    Research Insights | December 22nd, 2021
  • Carbon Markets Outlook

    OUTLOOK: Long-term Australian carbon price, supply and demand outlook

    Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

    The Australian carbon market has experienced a major bull run over the course of calendar […]

    Research Insights | December 20th, 2021
  • Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone