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 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.
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 purchased carbon abatement at an average price of $16.14 per tonne, with a contracted value of $27.6 million.
In total, the Emissions Reduction Fund has now purchased 193 million tonnes of abatement through 463 contracts, with a total financial commitment of $2.3 billion.
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 two-day bidding window for the tenth Emissions Reduction Fund auction has officially closed!
Please note that no further bids will be accepted after 5.00pm AEDT today.
The bidding window for the tenth Emissions Reduction Fund (ERF) auction has officially opened! The auction will run over two days with the hammer falling at 5.00 pm tomorrow, Thursday 26 March 2020 (AEDT).
Get your registration application for the tenth Emissions Reduction Fund auction in by midnight tonight, Tuesday 17 March 2020 (AEDT) or you will not be able to participate in the tenth auction on 25–26 March 2020.
Late applications will not be accepted.
Registration for the tenth Emissions Reduction Fund auction will close at midnight, next Tuesday 17 March 2020 (AEDT).
The Clean Energy Regulator and the Department of Industry, Science, Energy and Resources is seeking views on proposed changes to sampling requirements for the following Emissions Reduction Fund methods and their subsidiary documents; the Carbon Credits (Carbon Farming Initiative – Sequestering Carbon in Soils in Grazing Systems) Methodology Determination 2014, and the
Registration for the tenth Emissions Reduction Fund (ERF) auction, to be held on 25–26 March 2020, is now open until midnight, Tuesday 17 March 2020 (AEDT).