Santos Ltd. announced that its Moomba Carbon Capture and Storage $(CCS)$ project has received 614,133 Australian Carbon Credit Units (ACCUs) from the Clean Energy Regulator, marking the largest single issuance of ACCUs for a CCS project in Australia to date. The credits cover the project's first six months of operation, from September 2024 to March 2025. According to company reports, the Moomba CCS project has stored 1.3 million tonnes of CO2 equivalent since it began operations. At full injection rates, the facility can store more CO2 equivalent every four days than the amount avoided annually by 10,000 electric vehicles. The company highlighted the potential for large-scale emissions reduction and the opportunity for Australia to develop a CCS industry serving the Asia-Pacific region.