Australia’s ERF contracts 7.6 mln ACCUs at latest auction as prices rise

Published 03:45 on April 11, 2022  /  Last updated at 03:45 on April 11, 2022  /  Asia Pacific, Australia  /  No Comments

Australia contracted to buy some 7.6 million offsets at last week's Emissions Reductions Fund (ERF) auction, the Clean Energy Regulator announced Monday, but the regulator expects the bulk of the credits to feed into the voluntary spot market as all the contracts were optional.

Australia contracted to buy some 7.6 million offsets at last week’s Emissions Reductions Fund (ERF) auction, the Clean Energy Regulator announced Monday, but the regulator expects the bulk of the credits to feed into the voluntary spot market as all the contracts were optional.

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