The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia through the administration of the National Greenhouse and Energy Reporting scheme, Renewable Energy Target and the Emissions Reduction Fund.
The Clean Energy Regulator was established on 2 April 2012 as an independent statutory authority by the Clean Energy Regulator Act 2011 , and operates as part of the Industry portfolio.
The Clean Energy Regulator announced today the purchase of over 7 million tonnes of carbon abatement for an average price of $15.74 per tonne at the 11th Emissions Reduction Fund Auction, held on 9 and 10 September 2020.