Our latest Carbon Weekly has now been published, reviewing activity in the Australian and international carbon markets for the period July 1 – 5 2024.
Weekly spot volumes remained thin to start the new financial year, with liquidity provided by Generic and Generic No-Avoided Deforestation (No-AD) ACCUs, while activity saw our Generic ACCU and HIR ACCU assessments fall, halting the recovery seen throughout June. Across other methods, our assessed fixed price levels and premiums for Environmental Plantings, Savanna Fire Management with Indigenous co-benefits, and Plantation Forestry have begun to show greater convergence, yet intra-method spreads remain wide.
RepuTex’s Carbon Weekly report analyses recent activity in the Australian and international voluntary carbon markets, including our ACCU spot price assessments, method spreads, forward activity, traded volumes, and key market developments. Analysis considers the Australian market along with international registries including Verra, Gold Standard, the American Carbon Registry, and the Climate Action Reserve.
Generic and HIR ACCU prices slip to halt the price recovery throughout June
Prices for both Generic and HIR ACCUs slipped last week, closing at -0.85/t and -0.75/t WoW respectively as spot volumes (187k) amounted to just 47% of the YTD weekly average (394k), marking a slow start to the
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