Our latest Carbon Weekly report has now been published, reviewing activity in the Australian and international carbon markets for the period August 26 – August 30 2024.
Elevated trading activity across both spot and forward markets saw ACCU prices continue their uptrend, with our Generic ACCUs (Benchmark) price assessment reaching a 5-month high for the second consecutive week, nudging closer to the year-to-date high recorded in late March. A total of 1M units were traded on the week, the highest weekly volumes dating back to early May, led by a strong uptick in forwards and derivatives activity. Meanwhile, forward trading of Human Induced Regeneration (HIR) ACCUs revealed diminishing costs of carry in the OTC market, while the Clean Energy Regulator also provided its first update in a fortnight.
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.
