Insight
Are ACCUs one big green Monopoly game?
The Australian Carbon Credit Unit (ACCU) Scheme is a little bit like the game, Monopoly – and specifically the Go Green edition. How? The ACCUs are the Australian ‘policy version’ of the ‘greening game,’ with financial incentives to buy green technologies and initiatives – and disincentives for polluters, with the goal of cleaning up the planet. With ACCUs, Australian businesses receive credits for projects that reduce or avoid greenhouse gas emissions. This requires projects to meet and follow integrity criteria to ensure that issued ACCUs indeed do avoid or decrease emissions. That’s the official rulebook, but the reality of how the game is played can be a bit different...
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