Emissions Reduction Fund (2017 auctions)

Last updated: 5 November 2017
The sixth Emissions Reduction Fund auction was held on Wednesday 6 and Thursday 7 December 2017.

At the sixth auction:

the Clean Energy Regulator committed to purchase 7.95 million tonnes of abatement on behalf of the Commonwealth
purchasing resulted in an average price per tonne of abatement of $13.08, which is the weighted average price for each Australian carbon credit unit purchased at this auction

26 contracts were awarded for 26 projects

the total value of all contracts awarded was $104 million, and

the largest single contract was for 1.7 million tonnes of abatement and the smallest for 5000 tonnes of abatement.

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