The passing of the FY24 compliance deadline prompted a modest resurgence in demand last week, with prices rebounding as a trickle of buying returned to the market. Despite this, uncertainty around the upcoming federal election, and the impact of potential changes to the Safeguard Mechanism, remains the elephant in the room.
In this Carbon Weekly report, we break down activity in the Australian exchange-traded and OTC carbon markets (spot and derivatives) over the past week, including key trends and drivers, our latest pricing and benchmarks, and our daily forward curves.
