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Understanding the overnight freefall in the value of ACCUs: Who stands to win and lose from surprise announcement affecting the emissions reductions fund?
Briefing
11 March 2022
2 MIN READ
3 AUTHORS
The Federal Government made significant changes to the Emissions Reduction Fund (ERF) on 4 March 2022. The amendments came by surprise and sent the price of Australian Carbon Credit Units (ACCUs) into freefall. It has been widely criticised by stakeholders as benefitting a few existing players in the carbon market while making emerging carbon projects unviable.
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