The voluntary carbon market has gone from strength to strength in 2022 with a significant rise in voluntary cancellations of large-scale generation certificates (LGCs) and Australian Carbon Credit Units (ACCUs) according to the Clean Energy Regulator's June 2022 Quarterly Carbon Market Report (QCMR).
The Clean Energy Regulator is interested in understanding how to make it easier for landholders and land managers, including farmers and traditional owners, to participate in the Emissions Reduction Fund (ERF).
The ERF is a voluntary scheme that provides incentives for a range of organisations and individuals to adopt new practices and technologies to reduce their emissions or store carbon.
The June Emissions Reduction Fund media resources are now available.
The monthly Emissions Reduction Fund Emissions Position provides a national cumulative snapshot of project and abatement activity under the Emissions Reduction Fund, including contract deliveries, project registrations by state and territory, and project registrations by method type.
The May Emissions Reduction Fund media resources are now available.
The Clean Energy Regulator (CER) has today published new carbon estimate area (CEA) data for human-induced regeneration (HIR) projects aggregated at the state level.
CEAs are the areas of land on which activity to build carbon takes place and the areas subject to crediting under the methods.
On 29 March 2022, the Clean Energy Regulator released a consultation paper seeking feedback on a proposed benefit sharing framework for the fixed delivery exit arrangement. This consultation process closed on 11 April 2022. Fourteen submissions were received from a variety of stakeholders, including carbon service providers, project proponents, landholders and industry groups.
The April Emissions Reduction Fund media resources are now available.
The March Emissions Reduction Fund media resources are now available.
The February Emissions Reduction Fund media resources are now available.
The Clean Energy Regulator held the 14th Emissions Reduction Fund (ERF) Auction on 5 and 6 April 2022. 7.6 million tonnes of carbon abatement for optional delivery was contracted at an average price of $17.35.
At the auction, 25 new optional delivery ERF contracts, nominally valued at $131 million, were awarded and over 76% of the volume offered at auction was accepted. Successful bids included revegetation, soil carbon, industrial efficiency, and landfill waste gas projects.