• ANALYST ALERT: Bidding set to begin at second ERF auction

    Bidding will open on Wednesday for the second Emissions Reduction Fund (ERF) auction, which will run from November 4-5, operated by the Clean Energy Regulator. Below, we outline our expectations […]

  • ANALYST UPDATE: “Two phase” safeguard scheme emerging

    Last Thursday, Environment Minister Greg Hunt lodged the administrative rules for the operation of the Emissions Reduction Fund “Safeguard Mechanism”, the final component of the government’s Direct Action Plan policy. […]

  • IN FOCUS: What could be the impact of the variable auction rule at ERF II

    The Emissions Reduction Fund (ERF) Auction Guidelines recently released by the Clean Energy Regulator contained a new rule guiding how much abatement the CER may buy at the second ERF […]

  • ALERT: Same same, but different? The short & long-game

    Last night’s change of Liberal Party leadership and the elevation of new Prime Minister, Malcom Turnbull, is likely to have a range of implications for Australian climate policy. We examine […]

  • BRIEFING: Senate may add (baby) teeth to safeguard scheme

    The leniency of the newly released ERF Safeguard Mechanism draft rules has increased the prospect of a disallowance motion being brought forward in the Senate to quash, or strengthen, the […]

  • ANALYST UPDATE: Safeguard leniency to dilute ACCU demand

    In our earlier Market Update, “ERF Safeguard Mechanism – Toothless Tiger…or Hidden Dragon?”, analysis indicated that approximately 85 facilities would be likely to face a compliance obligation under the proposed […]

  • ON POINT: CER seeks to tighten ERF spread…Friday night lights.

    Last Friday saw the late release of a series of reports, including new Auction Guidelines ahead of the next Emissions Reduction Fund auction in November, the release of the Review […]

  • UPDATE: 1,600Mt oversight? Australian abatement task (15-30)

    Analysis of new figures released by the Department of Environment indicates a significant disconnect between the emissions reduction potential of government policy, presented on Tuesday, and Australia’s expected greenhouse gas […]

  • ALERT: Australia’s new post-2020 emissions target “weak”

    The Australian government has announced an emissions reduction target of 26-28 per cent on 2005 levels by 2030. We view this figure as weak in that the government has failed […]

  • ALERT: Industry vs. CFI – Second ERF auction announced

    The Clean Energy Regulator today announced that the second Emissions Reduction Fund auction will take place on Wednesday November 4 and 5, 2015, in approximately 12 weeks. The cut-off date […]

  • IN FOCUS: Emissions trends over the baseline period

    Below, we provide an extract from our latest Market Update, “Reviewing the ERF Safeguard Mechanism – Toothless Tiger or Hidden Dragon?” released this week. In order to better understand the […]

  • IN FOCUS: ERF auction looming, or just a nervous twitch?

    ERF Project Registrations: October 2014 – July 2015  AUCTION LOOMING, OR JUST A NERVOUS TWITCH? Over the past three weeks 73 projects have been registered under the Emissions Reduction Fund […]