Tenth Emissions Reduction Fund auction results
The tenth Emissions Reduction Fund auction, held from 25–26 March 2020 contracted more than 1.7 million tonnes of abatement, with 12 carbon abatement contracts awarded.
The tenth Emissions Reduction Fund auction, held from 25–26 March 2020 contracted more than 1.7 million tonnes of abatement, with 12 carbon abatement contracts awarded.
The Clean Energy Regulator held the tenth Emissions Reduction Fund (ERF) auction on 25–26 March 2020, purchasing 1.71 million tonnes of carbon abatement at an average price of $16.14 per tonne, for a total commitment of $27.6 million.
Some states and territories have expressed a desire for companies to meet their regulatory requirements to reduce emissions by undertaking Emissions Reduction Fund (ERF) projects as the ERF provides a robust and established mechanism for carbon accounting and emissions reductions.
The March Emissions Reduction Fund media resources are now available.
The Clean Energy Regulator has updated the Operations during COVID-19 page to include guidance on Emissions Reduction Fund (ERF) ground-truthing, reporting and auditing during COVID-19 travel restrictions and social distancing requirements.
The Clean Energy Regulator is aware of calls from some stakeholders for an additional Commonwealth government purchasing event to support the Australian carbon market in the wake of the COVID-19 pandemic.
The Clean Energy Regulator has extended the consultation deadline for the Draft guidance on meeting the regulatory additionality requirement for the Emissions Reduction Fund (ERF) until 5PM, Friday 5 June 2020 (AEST).
The Department of Industry, Science, Energy and Resources (the Department) is preparing to release an update to the Full Carbon Accounting Model (FullCAM) for public use.
The Clean Energy Regulator is pleased to announce that the next Emissions Reduction Fund (ERF) auction will be held on 9–10 September 2020. We are also inviting stakeholder views on proposed changes to the design of the optional delivery contract under the ERF.
The Clean Energy Regulator has accepted an Enforceable Undertaking offered by Country Carbon Pty Limited (Country Carbon) in relation to activities carried out under the Emissions Reduction Fund (ERF).