An advance payment worth up to $5,000 is available through a pilot program for eligible Emissions Reduction Fund (ERF) projects to help with upfront costs of soil sampling.
See more information on the advance to support soil method baseline sampling.
The Clean Energy Regulator will hold the 12th Emissions Reduction Fund auction on Monday 12 and Tuesday 13 April 2021.
The documentasset:Guidelines for Emissions Reduction Fund Auction 12 provides information on how it will be conducted.
* New applicants to the scheme who are party to a trust or company may be subject to third party assessment and should submit their auction qualification prior to the deadline to maximise the time available if further information is required.
** Please note the change in timing from AEDT to AEST.
There are two types of contracting options available under the Emissions Reductions Fund. The Fixed Delivery contract and the Optional Delivery contract.
Before deciding whether to participate in an Emissions Reduction Fund auction, you should read and understand the Guidelines for the 12th Emissions Reduction Fund auction (to be released soon), which cover both types of contracts.
You should also familiarise yourself and understand the Code of Common Terms for the two carbon abatement contract types:
You may wish to seek legal or other advice to determine whether you wish to participate in an auction and which contract type best suits your needs. It is important to do this in advance of the auction as you will automatically enter into a carbon abatement contract with the Clean Energy Regulator on behalf of the Commonwealth of Australia if you supply a bid and it is accepted.
Once you have decided to participate in an auction there are four key steps:
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