From jws.com.au: Mining and oil and gas companies are increasingly procuring Australian carbon credit units (ACCUs), driven by the reduction of baseline emissions under the Safeguard Mechanism and fluctuating market prices.

Companies are utilising both spot purchases and long-term forward contracts, sometimes offering prepayments to secure ACCUs at lower prices.

Proper understanding of Australian Financial Services Licence requirements is crucial for these companies, as ACCUs qualify as financial products, necessitating careful compliance considerations.