Taylor’s secret review of emissions policy has heavily skewed its consultation towards Australia’s biggest emitters and the fossil fuel lobby.
emissions reduction fund
Regulator seeks feedback on proposed “options” contracts under the ERF, to reduce the risks to projects that fail to deliver emissions reductions.
The Clean Energy Regulator has announced today that the next Emissions Reduction Fund auction will be held on 25–26 March 2020.
Angus Taylor appoints two leaders of Australia’s fossil fuels lobby to conduct a climate policy review behind closed doors.
Ninth ERF auction proves complete flop, awarding just $850k in contracts, and achieving just 0.0085% of emissions reductions needed to meet Australia’s 2030 target.
Five years to the day after the Coalition won office, it still has no climate and energy policy, except for a fig leaf and a green army slogan. And it is actually boasting that this is a good thing.
There are four key steps to ensure that climate policy remains a recipe for business as usual, and the Australian government has followed them to the letter.
The results of the federal government’s latest Emissions Reduction Fund auction have been released, revealing the purchase of nearly 8 million tonnes of carbon abatement for $104 million.
CCA review of Coalition’s Emissions Reduction Fund fuels concerns the scheme is an expensive, inefficient and risky way to cut carbon.
The third ERF auction, with $1.33B of the government’s $2.55B funding tranche available, could produce some interesting bidding strategies.