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Given lower than expected historical emissions, Australia will be able to increase its emissions from 2014 levels and still meet its target for the second

Following a short delay, the government’s “safeguard mechanism” Discussion Paper is expected to be released over the next fortnight, with Australia’s updated Abatement Task and

While the ERF was developed with the intention of purchasing abatement at ‘least cost’, in practice, businesses have a clear incentive to inflate their bids

MARKET OVERVIEW As the first Emissions Reduction Fund auction approaches on April 15-16, a number of new methods have been finalised for industry, however, to

In this Market Outlook, we present our expectations for the first ERF auction and short-term market dynamics over the next 12-18 months, including our outlook