ACCUs jump nearly 20% since Albanese elected

Posted: 24 May 2022

The price of carbon credits has jumped almost 20 per cent since the election of the Albanese Labor government on Saturday as industry prepares for an overhaul of climate and energy policy.

Energy experts predicted the demand for ACCUs would rise as Labor tightens the baselines for big polluters to force them to cut their carbon emissions. The changes are expected to come into effect mid-next year