Platts proposes to launch ACCU Soil Carbon assessment

Platts, part of S&P Global Commodity Insights, is proposing to launch a price assessment for Australian Carbon Credit Unit (ACCUs) generated from Soil Carbon methods, effective May 5, 2025.

ACCUs are issued by Australia's Clean Energy Regulator (CER) to carbon project developers based on legislated methodologies. They are used to offset emissions by liable entities under Australia's Safeguard Mechanism scheme and can also be used to offset additional emissions on a voluntary basis.

Each ACCU represents one ton of carbon dioxide equivalent.

The proposed daily spot assessment is intended to provide more transparency on growing activity in the Soil Carbon segment of the ACCUs market.

This assessment would reflect the price of credits that are generated by projects storing additional carbon in agricultural soil. Examples include improving fertilizer application, re-establishing pasture or modifying grazing practices as specified by CER.

The proposed assessment would have the following specifications:

• Volume: 500-50,000 mt/CO2e
• Currency: Australian dollar
• Unit of Measurement: Australian dollar per metric ton of carbon dioxide equivalent (A$/mtCO2e)
• Delivery: Spot market
• Frequency: Daily
• Time stamp: 1630 Melbourne/Sydney/Canberra time
• Platts Publishing Calendar: APAC Carbon Calendar

Please send all comments, feedback, and questions to platts_carbon@spglobal.com and pricegroup@spglobal.com by April 6.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.