The Clean Energy Regulator’s Quarterly Carbon Market Reports provide a regular view of supply and demand across the carbon markets schemes we administer and explores key factors that influence market performance. The report also provides information on trends and opportunities that may inform market decisions.
For the latest data and news across Australia’s carbon markets see the
Quarterly Carbon Market Reports.
Australia’s carbon markets continue to grow and mature. Australia’s carbon market includes national schemes, state and territory government schemes and international carbon units.
The Clean Energy Regulator administers national carbon markets for:
Participation in the
Emissions Reduction Fund is voluntary and provides incentives for a range of organisations and individuals to adopt new practices and technologies to reduce their emissions. The Clean Energy Regulator is the major purchaser of ACCUs, however there is increasing demand for ACCUs from businesses and other levels of government, with some purchasers seeking ACCUs with co-benefits.
Renewable Energy Target consists of two schemes: the Large-scale Renewable Energy Target (LRET) that provides incentives for large-scale renewable energy power stations and the Small-scale Renewable Energy Scheme (SRES) that creates incentives to install small-scale renewable energy systems. Demand for renewable energy certificates is set in legislation each year. However, there is increasing demand from businesses and other levels of government for LGCs to offset emissions.
State and territory government schemes include the
New South Wales Energy Saving Scheme and
Victorian Energy Efficiency Target which incentivise the installation of energy efficient equipment and appliances. These schemes supply tradable certificates with demand set in legislation under the relevant state targets.
International carbon markets include the Clean Development Mechanism and voluntary emissions reduction standards administered by non-government organisations. Demand for international units and certificates in Australia is primarily driven by voluntary emissions reduction ambition, including businesses certifying their actions against the government-backed Climate Active Carbon Neutral Standard (formerly the National Carbon Offset Standard).
All emissions reduction actions are credited according to approved methodologies and cannot be credited under multiple schemes.
The table below lists the units and certificate credited or eligible in each scheme and provides links to scheme information and the relevant registry:
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.
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