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

As the consultation period for Safeguard Mechanism reform comes to a close, both Generic (landfill gas, avoided clearing) and Human Induced Regeneration (HIR) ACCU prices have increased on improved liquidity as Safeguard liable entities begin to enter the market to execute their offset accumulation strategies in advance of future regulatory changes, and expected impacts on market pricing. In line with the uptick in traded volumes, prices for both Generic and HIR ACCUs increased on the week, with spread interest between HIR and Generic ACCUs likely encouraging the upwards movement of HIR ACCU prices in recent days. Meanwhile, the international voluntary