Carbon offsets in Australia are traded as Australian Carbon Credit Units (ACCUs) where each ACCU represents 1 tonne of carbon dioxide. In mid-2021, the price of one ACCU was around $16; by the start of 2022, it ballooned to around $50. More recently, government intervention has decreased the price to around $30. (See here for current prices.) The price of carbon reflects an increased appetite for carbon abatement, emanating both from voluntary net-zero commitments and more stringent regulation. In short, there is a lot of demand.
How ???The North Face??? Got Its Name
Fifty years ago, Doug Tompkins founded The North Face to supply explorers with gear that could help them tackle more difficult objectives than ever…