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posted on:
November
13
2015

2nd Emissions Reduction Fund auction

 

Source: Clean Energy Regulator, 13 Nov 2015


The second Emissions Reduction Fund auction was held on Wednesday 4 and Thursday 5 November 2015.


At that auction:



  • 129 contracts were awarded committing to purchase 45 451 010 tonnes of abatement

  • Contracts were awarded to 77 contractors covering 131 projects

  • The total value of contracts awarded is $556 875 549

  • The average price per tonne of abatement is $12.25

  • The largest single contract is for 2.5 million tonnes of abatement and the smallest is for 15 333 tonnes of abatement.


Read More HERE