Just 17 new projects have been registered since the last auction, down from 28, ahead of the fourth auction of the Coalition’s emissions reduction fund.
Articles by Reputex Carbon
Australia is progressing towards a US-style of policy development, with states implementing ambitious policy as they seek to reduce emissions and capitalise on investment.
Low participation has led to a smaller amount of abatement contracted by the Clean Energy Regulator at the fourth ERF auction.
It has been announced that the 4th ERF auction will be held in November this year. Here is a summary of the announcements made by the Regulator and re-state our price and supply expectations for auction four.
Modelling shows that the trend for emission prices is likely to rise in future auctions of the Emission Reductions Fund.
Australia’s emissions are still rising, and the inability of Direct Action to curb emissions growth remains an ongoing problem, both environmentally and economically.