Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and international carbon markets for the period June 11 – 14 2024.
Volumes across the ACCU market lifted WoW, despite a reduction in trading due to the King’s Birthday weekend, which saw our price assessments for Generic ACCUs and HIR ACCUs grow to the upper bound of recent ranges. This came as HIR markets tightened significantly to reinvigorate trading flow towards the back end of the week, with data suggesting that traded liquidity for HIR appears to be trending upwards. Last week also saw DCCEEW release its draft for the revised Environmental Plantings method (2024), replacing the soon to expire 2014 method, with changes likely to expedite project development by overcoming regular delays in seed stock delivery.
RepuTex’s Carbon Weekly report analyses recent activity in the Australian and international voluntary carbon markets, including our ACCU spot price assessments, method spreads, forward activity, traded volumes, and key market developments. Analysis considers the Australian market along with international registries including Verra, Gold Standard, the American Carbon Registry, and the Climate Action Reserve.
