Carbon Markets

MARKET UPDATE: Australian Carbon Offset Market Report: July 19 – 30, 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 Australian carbon spot price grew 4% to $22/t over the fortnight, a new record high, behind increasing corporate activity. While prices continue to trade at record levels, some short-term heat has come out of the market, with traded volumes and parcel sizes slowing. Three forward transactions were recorded over the period, including a put option for Feb-23. Six forward transactions have now been recorded since Apr-21 for delivery between Feb-21 and Feb-23. Voluntary cancellations continue to surge, with over 7 million offsets now cancelled over CY21, more than 90% of which have been in the form of Certified Emissions Reductions (CERs). Despite summer holidays in the Northern Hemisphere, international voluntary offset markets have remained active, most notably CBL’s GEO contract, which has continued its recent bull run.

The 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

    UPDATE: State and Trends in the Australian Carbon Offset Market – Q3 2022

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

    Traded volumes in the Australian Carbon Credit Unit (ACCU) market surged in the September quarter […]

    Research Insights | October 3rd, 2022
  • Carbon Markets

    UPDATE: Carbon Offset Market Report – Low volumes to close the quarter, HIR prices gain traction

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

    The final week of September brought Q3 to a close on relatively muted trading of […]

    Research Insights | October 3rd, 2022
  • Carbon Markets

    UPDATE: Carbon Offset Market Report – Generic ACCUs trade in record volumes as Safeguard firms enter the market

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

    As the consultation period for Safeguard Mechanism reform comes to a close, both Generic (landfill […]

    Research Insights | September 26th, 2022
  • Carbon Markets

    REPORT: RepuTex full submission to the Safeguard Mechanism reform consultation paper

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

    RepuTex has today published its full submission (open link) to the Department of Climate Change, […]

    Research Insights | September 21st, 2022
  • Carbon Markets

    ARTICLE: Safeguard Mechanism reform: A closer look at an ‘industry-average’ baseline scheme

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

    RepuTex has today released its submission to the Department of Climate Change, Energy, the Environment […]

    Research Insights | September 19th, 2022
  • Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone