To encourage carbon abatement activities, the Australian Government provides incentives called Australian carbon credit units (ACCUs). Eligible Australian Carbon Credit Unit (ACCU) Scheme projects can earn ACCUs when they reduce or avoid emissions.
ACCU – Australian Carbon Credit Units
ACCUs are a tradable financial product. They incentivise carbon abatement activities through projects ranging from reforestation to energy efficiency.
ACCUs are an additional income source for individuals and businesses running ACCU Scheme projects.
One ACCU represents one tonne of carbon dioxide equivalent (tCO2-e) that would have otherwise been released into the atmosphere.
ACCUs are held and managed through Australian National Registry of Emissions Units (ANREU) accounts.