Households increase rooftop solar and energy efficiency uptake

The Clean Energy Regulator's (CER) Quarterly Carbon Market Report (QCMR) for Quarter 1 (Q1) 2023 has been released. The QCMR shows that everyday Australians are increasingly taking greater control of their energy costs.

CER Chair David Parker said the report shows installation of energy efficient water heaters continue record growth up more than 40% from the same quarter last year. It will be interesting to see whether that level of increase is maintained throughout the year.

Safeguard reforms now law

The Clean Energy Regulator's (CER) Quarterly Carbon Market Report (QCMR) for Quarter 1 (Q1) 2023 has been released and covers landmark reforms to the Safeguard Mechanism.

The reforms will reduce emissions from Australia’s largest emitting facilities by a total of 201 million tonnes of carbon dioxide equivalents by 2030.

Auction 15 results

The Clean Energy Regulator (CER) held Auction 15 on 29 and 30 March 2023. At Auction 15, the CER contracted 7.9 million tonnes of carbon abatement at an average price of $17.12. This represents a 4% increase in volume on the previous auction. This is the first auction held after the Independent Review of ACCUs affirmed that the ACCU scheme arrangements are sound.

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