The latest report from RepuTex Carbon indicates that the full abatement potential of the land sector may not be realised – by either the CPM or the proposed ERF – with only 2-15 per cent of Australia’s 2020 abatement challenge likely to be delivered through the CFI.
RepuTex analysis, titled ‘Unlocking Land Sector Abatement – An Outlook for the ERF’, undertaken for WWF-Australia, indicates that as currently proposed, the ERF could drive only 2-10 million tonnes of abatement per annum through to 2020 due to competition from cheaper sources of non-land sector abatement which could control ERF bidding, crowding out other more costly forms of abatement.
