Revoked project to put further strain on supply-choked Australian offset market

Published 11:03 on December 19, 2018  /  Last updated at 11:03 on December 19, 2018  /  Asia Pacific, Australia  /  No Comments

A recently revoked Australian energy efficiency project could add annual demand of upwards of 500,000 tCO2e to meet its contractual obligations to the Emissions Reduction Fund (ERF), stretching the country's small secondary offset market to the limits of its capacity and likely pushing up prices in the process.

A recently revoked Australian energy efficiency project could add annual demand of upwards of 500,000 tCO2e to meet its contractual obligations to the Emissions Reduction Fund (ERF), stretching the country’s small secondary offset market to the limits of its capacity and likely pushing up prices in the process.

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