Through the Emissions Reduction Fund, the Government will purchase lowest cost abatement (in the form of Australian carbon credit units) from a wide range of sources, providing an incentive to businesses, households and landowners to proactively reduce their emissions.
Learn how to participate in an Emissions Reduction Fund auction.
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.