Dear Subscriber,
Our latest Australian Carbon Offset Market Report has now been published.
The Australian carbon spot price continues to break new ground on an almost weekly basis, with our Australian Carbon Credit Unit (ACCU) spot price assessment growing 5.5% to $21.10/t over the past fortnight. The spot price has now grown 28% year-to-date, from $16.52/t on 1 Jan-21. ACCU issuance increased 63% from our last update, with around two-thirds of supply issued to Savanah Burning projects in the NT, QLD, and WA. In line with recent updates, voluntary cancellations continue to surge, with Q2 reaching a record 4.9m voluntary
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