Asia Pacific > Secondary market drives up ERF auction price in Australia as volumes hit new low

Secondary market drives up ERF auction price in Australia as volumes hit new low

Published 04:54 on June 15, 2018  /  Last updated at 09:31 on June 15, 2018  / Stian Reklev /  Asia Pacific, Australia

The Australian government bought its lowest volume of offsets yet at last week’s seventh Emissions Reduction Fund (ERF) auction, purchasing just 6.67 million units.
The Australian government bought its lowest volume of offsets yet at last week’s seventh Emissions Reduction Fund (ERF) auction, purchasing just 6.67 million units.


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