The Australian carbon market experienced a major bull run over the course of 2021, with prices for Australian Carbon Credit Units growing 209% to $51/t at end-December, an annual average of $25/t. In particular, the increasing number of private offtake transactions between voluntary buyers and project developers – at large volumes – strongly influenced spot […]
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According to the terms of the carbon abatement contracts, the maximum extent of the damages payable is fixed at the agreed offset price under the contract. “The Clean Energy Regulator holds contract holders to their obligations under ERF contracts. Contract holders continue to fulfil their fixed delivery obligations with the portfolio of fixed delivery contracts […]