Carbon Markets

UPDATE: Carbon Offset Market Report – Generic ACCUs take the lion’s share of volumes, international markets shaky

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

The Australian Carbon Credit Unit (ACCU) market has seen low volumes traded over the last week, partially due to market participants watching the New Zealand Unit (NZU) auction across the Tasman, and partly due to continued uncertainty in response to the Chubb review. It remains to be seen how or if forward supply will be constrained, subject to how quickly the market is required to transition to a “high integrity” system. In parallel, generic volumes comprised over 85% of the market in the last week as the Safeguard Mechanism reform gathers momentum.

Internationally, NZUs and EUAs have both come off, with the NZU auction underperforming relative to the expectations of many in the market, and the EUA market continuing its sharp fall on the back of worsening economic conditions and an expected EU support package that could release credits into the market.

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