The Clean Energy Regulator has announced that the fourth Emissions Reduction Fund (ERF) auction will be held on the 16-17th of November 2016. The Regulator has also announced new auction purchasing rules and the establishment of a consultation process on the proposed purchasing of Australian Carbon Credit Units (ACCUs) outside of the auction process.
Below, we summarise the announcements made by the Regulator and re-state our price and supply expectations for auction four.