While the Australian Carbon Credit Unit (ACCU) market has been relatively stable over the past six months, Australia’s climate policy landscape is again about to change gears.
By the end of February, Australia will submit its updated Nationally Determined Contribution under the Paris Agreement, including a 2035 emissions target. For Australia’s carbon market, this will guide the design of the Safeguard Mechanism after 2030 – including the setting of baseline decline rates – immediately re-shaping the traded spot and forward markets, and underlying forecast market fundamentals.
In this webinar, RepuTex Head of Research, Bret Harper, discusses the potential impact of Australia’s new 2035 emissions target, including scenarios for post-2030 Safeguard Mechanism baseline decline rates, long-term ACCU demand, and more immediate spot and forward pricing impacts.
To view this recording please click below, or contact our Client Services team for more information and technical support.
