Quarterly Carbon Market Report – December Quarter 2020

Highlights

  • Emissions reduction from schemes administered by the Clean Energy Regulator reached 53 million tonnes of carbon dioxide equivalent (CO₂-e) in 2020 and is expected to increase to 57 million tonnes in 2021.
  • A record 7 gigawatts (GW) of new renewable energy capacity was delivered across Australia in 2020, up 11% from the 6.3 GW in 2019. Of this, 4 GW was large-scale (2.3 GW wind and 1.7 GW solar) and 3 GW was rooftop solar PV.
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