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.
9 things to consider before to relocating from Sydney to Melbourne
Melbourne, Australia, is one of the most amazing cities on Earth. It is Australia’s second biggest city, after Sydney, and is consistently ranked as…