What are ACCUs? ACCU stands for Australian Carbon Credit Units. One ACCU represents one tonne of carbon dioxide equivalent (CO2-e) greenhouse gas that is not released into the atmosphere. The Clean Energy Regulator issues ACCUs if CO2-e is stored or avoided.
Carbon credits offset carbon emissions by storing, reducing or avoiding greenhouse gas emissions.
Projects that generate carbon credits must either reduce future emissions or remove existing CO2 from the atmosphere.
Australia's carbon credit scheme creates Australian Carbon Credit Units (ACCUs).
Projects earn one carbon credit for every tonne of carbon dioxide or carbon dioxide equivalent (CO2e) stored or avoided by a project.
Total Credits
Australia
|
YEAR |
ACCUs |
NET |
|---|---|---|
| 2015-16 | 10,719,735 | 15.0% |
| 2016-17 | 13,151,991 | 22.7% |
| 2017-18 | 12,207,903 | 7.2% |
| 2018-19 | 13,663,409 | 11.9% |
| 2019-20 | 15,476,458 | 13.3% |
| 2020-21 | 16,466,275 | 6.4% |
| 2021-22 | 16,508,527 | 0.3% |
| 2022-23 | 15,686,027 | 5.0% |
| 2023-24 | 18,671,719 | 19.0% |
| 2024-25 | 1,487,913 | 92.0% |
States and Territories
Australia
|
STATE / TERRITORY |
ACCUs |
% |
|---|---|---|
| NSW | 865,166 | 29.1% |
| Qld | 415,770 | 14.0% |
| SA | 86,520 | 2.9% |
| WA | 85,915 | 2.9% |
| NT | 20,504 | 0.7% |
| Vic | 14,038 | 0.5% |
| ACT | 0 | 0.0% |
| Multi | 0 | 0.0% |
| Tas | 0 | 0.0% |
| Australia | 1,487,913 | 100% |
Carbon credits are a mechanism to offset carbon emissions by buying into projects that reduce or remove greenhouse gases from the atmosphere.
These methods are diverse, encompassing a range of activities designed to either capture carbon dioxide or prevent its emission.
To read an explanation of each method, click the button below.
Methods
Australia
|
METHOD |
ACCUs |
% |
|---|---|---|
| Vegetation | 1,155,164 | 38.8% |
| Waste | 238,004 | 8.0% |
| Savanna Burning | 75,458 | 2.5% |
| Agriculture | 19,287 | 0.6% |
| Carbon Capture | 0 | 0.0% |
| Energy Efficiency | 0 | 0.0% |
| Facilities | 0 | 0.0% |
| Industrial Fugitives | 0 | 0.0% |
| Transport | 0 | 0.0% |
| Total | 1,487,913 | 100.0% |
