Australia’s carbon credit demand to surpass issuances in 2028 as compliance tightens
November 30, 2023 Comments Off
Demand for Australian carbon credit units is expected to surpass their issuance for the first time in 2028 due to tightening offset targets for polluting facilities under the country’s emissions compliance scheme, the Australian government said Nov. 30. The high demand and lower issuance scenario is expected to continue until 2031 when the demand for ACCUs is expected to peak…
Australia’s carbon credit demand to surpass issuances in 2028 as compliance tightens
Demand for Australian carbon credit units is expected to surpass their issuance for the first time in 2028 due to tightening offset targets for polluting facilities under the country’s emissions compliance scheme, the Australian government said Nov. 30. The high demand and lower issuance scenario is expected to continue until 2031 when the demand for ACCUs is expected to peak…
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