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Step 2 – Establishing a contract

20 December 2019
ERF

 

Pilot: Option to Deliver contracts for Emissions Reduction Fund auctions

An Option to Deliver contract will be offered on a pilot basis for the tenth Emissions Reduction Fund auction on 25 and 26 March 2020. This option gives sellers the right, but not the obligation, to sell Australian carbon credit units to the Australian Government at a set price within a set timeframe.

Documentasset: New auction guidelines are now available for those interested in bidding for an Option to Deliver contract at auction. A new auction qualification form and an associated Code of Common Terms for this contract option will be made available shortly.

The existing Documentasset: Code of Common Terms – version 3 and Documentasset: auction guidelines remain in force for fixed delivery contracts.

For more information, see participating in an auction.


Before participating in an Emissions Reduction Fund auction it is important to consider a number of requirements of establishing a ​carbon abatement contract, such as:

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